FUYAO GLASS News

FUYAO GLASS (03606.HK) issued 0.4 billion yuan ultra-short-term financing bonds.

FUYAO GLASS (03606.HK) announced that on June 17, it publicly issued the first phase of ultra-short-term financing bonds for 2025 in the national interbank market, with a total issuance amount of 0.4 billion yuan, a duration of 177 days, and an annual interest rate of 1.75%. The funds raised are mainly used to repay borrowings from Financial Institutions.

AASTOCKSJun 20 16:33

FUYAO GLASS (03606): The total issuance amount of "25 FUYAO GLASS SCP001" is 0.4 billion yuan.

FUYAO GLASS (03606) announced that on June 17, 2025, the company will publicly issue in the national interbank market...

Zhitong FinanceJun 20 16:16

Express News | A meeting discussing "production restrictions to maintain prices" was held this week? A relevant person from the China Photovoltaic Industry Association: completely unaware of this matter.

BreakingsJun 20 13:33

Amidst the surplus, this photovoltaic "shovel seller" is still planning to IPO.

How much longer can it go wild?

wallstreetcnJun 19 19:03

Express News | HSBC: China’s electric vehicle prices and sales face challenges, and prices will continue to be under pressure in the coming months.

BreakingsJun 19 11:06

According to "The Report", HSBC expects that the pricing environment for electric vehicles will continue to face challenges. Bullish on Contemporary Amperex Technology (03750.HK), FUYAO GLASS (03606.HK), and others.

Under the price war "involution" of electric vehicles in mainland China, HSBC's global research report indicates that there is increasing price pressure in the Chinese electric vehicle Industry, moderate domestic demand, and consumer preference for lower-priced products, favoring suppliers over OEMs in the Industry. HSBC states that passenger car sales in China recorded 1.9 million units in May this year, with an electric vehicle penetration rate of about 53%. From June 1 to 8, electric vehicle retail sales recorded 202,000 units, a 4% increase compared to the same period in May, indicating that the electric vehicle penetration rate has risen to about 58.8% (CPCA); overall passenger car sales and deliveries totaled 343,000 units, an increase compared to the previous month.

AASTOCKSJun 19 11:03

China Galaxy Securities: In the first half of the year, the new energy sector saw structural differentiation, focusing on new technologies and non-U.S. exports.

The bank suggests focusing on three main directions: 1) The accelerated industrialization of new technologies in AIDC, BC, and Copper slurry; 2) Going overseas to benefit from global dividend symbols; 3) The turning point for the supply and demand improvement cycle is approaching.

Zhitong FinanceJun 19 10:20

According to China Merchants International, the Xiaomi (01810.HK) YU7 has huge potential as a bestseller, expected to double its growth next year.

The research report from China Merchants indicates that Xiaomi-W (01810.HK) founder Lei Jun announced that Xiaomi's first SUV model, YU7, will be launched at the product conference at the end of June, with a market release expected in July. The conference will simultaneously unveil multiple new products, including the 15S smartphone and the 7SPro tablet equipped with the self-developed Xuanjie O1 chip. The firm believes that the Xiaomi YU7 has strong product capability, with the lead volume being three times that of the SU7, indicating significant blockbuster potential and expected to double growth next year.

AASTOCKSJun 18 10:36

Jibang New Energy: In May, the global photovoltaic industry continued its vigorous development with a total investment amount exceeding 22.2 billion yuan.

In May, the global photovoltaic Industry continued its robust development trend. Data shows that the total scale of signed/planned, commenced, and put into production projects in the photovoltaic Industry reached 31.2 GW, with a total investment exceeding 22.2 billion yuan.

Zhitong FinanceJun 17 19:23

Société Générale: Assigns FUYAO GLASS (03606) a "Outperform" rating with a Target Price of 75 Hong Kong dollars.

The bank stated that FUYAO GLASS (03606,600660.SH) remains one of the highest quality investment symbols in the Industry, with a stable profit growth momentum.

Zhitong FinanceJun 16 17:17 · Ratings

The National Bureau of Statistics: The development of China's green industry continues to show a positive trend.

On June 16, Gelonghui reported that Fu Linghui, spokesperson for the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that China is resolutely promoting the green and low-carbon transformation of the economy, which not only improves the ecological environment but also promotes the stable development of green industries represented by NENGYUANHANGYE, creating new economic growth points.

Gelonghui FinanceJun 16 11:20

National Bureau of Statistics: In May, the production growth rates of large-scale industrial raw coal, Crude Oil Product, and Henry Hub Natural Gas accelerated, while electricity production showed steady growth.

On June 16, the National Bureau of Statistics released the energy production situation for May 2025.

Zhitong FinanceJun 16 10:05

Express News | Hurun sent the LABUBU, returned by Zhang Chaoyang, to Pony.ai's CEO Peng Jun.

BreakingsJun 15 11:50

How to understand the technical route dispute in the photovoltaic Industry? Industry insiders: The future will be an era of multi-technology integration | Directly report from SNEC 2025.

① How to effectively reduce costs and improve conversion efficiency based on enhanced product quality, and promote healthy competition and development in the photovoltaic Industry, has become the core topic of this exhibition's series of forums; ② Industry insiders believe that the price of polysilicon will still be at a low level in the second half of this year, and it is expected that the time point for the photovoltaic Industry's supply-side profits to return to reasonable averages will be after 2026.

cls.cnJun 13 21:28

Express News | Western Securities has given FUYAO GLASS an initial buy rating for its A-shares.

BreakingsJun 13 13:55

Ping An Securities: Private car manufacturers will accelerate the promotion of assisted driving equity by 2025. Recommended BYD Company and others.

Ping An Securities released a Research Report stating that private car companies have strong profit resilience and are leading the equalization of intelligent assisted driving with scale advantages. Recommendations include Chongqing Sokon Industry Group Stock (601127.SH), BYD Company Limited (002594.SZ, 01211), Great Wall Motor (601633.SH), and Geely Automobile Holdings Limited (00175). The losses of new forces are gradually narrowing, and they will enter a new product cycle in 2025 to verify their growth potential, with recommendations for Li Auto Inc-W (02015), XIAOMI-W (01810), and XPeng Inc-W (09868), while suggesting attention to LEAPMOTOR (09863). State-owned car companies...

Sina Hong Kong StocksJun 12 16:26

Citi in "The Big Action": Paying suppliers in 60 days affects the interest income of car companies, with a significant impact on Leapmotor (09863.HK) and Geely (00175.HK).

Mainland authorities require automobile manufacturers to settle most payments with suppliers within 60 days to address supply chain challenges resulting from long payment terms. Several car companies have committed to paying suppliers within 60 days. Citibank released a report conducting a sensitivity analysis on cash changes for automobile manufacturers and auto parts companies to assess the related impacts. The report estimates BYD (01211.HK), Li Auto (02015.HK), Xiaopeng (09868.HK), Leapmotor (09863.HK), Chongqing Changan Automobile (000625.SZ), Yutong Bus Co.,Ltd. (600066.SH), and Weichai Power.

AASTOCKSJun 12 11:31

How to cope with the challenges of distributed energy? The integration of AI has drawn industry attention, and intelligent technology accelerates the transformation and upgrading of the industry | Directly addressing SNEC 2025.

① The problems faced by the full participation of New energy in market-based Trade include the decentralization of distributed energy projects, and the integration of AI with virtual power plants may help overcome the issues brought by distributed energy; ② The NENGYUANHANGYE is accelerating its transition towards being green, efficient, and Asia Vets, promoting the collaborative integration of infrastructure such as power and computing capacity, with intelligent technology further accelerating the transformation and upgrading process of the energy industry.

cls.cnJun 12 09:43

Market Update | All three major Indices rose, with the tech index increasing by 1.09%; tech and auto stocks were up, Bilibili rose nearly 10%, and NIO increased by over 4%.

The Network Technology stocks rose, with Bilibili-W increasing by 9.92% and NTES-S rising by 2.05%; the Battery stocks also saw an increase, with China Graphite up by 32.84% and BYD Company up by 3.83%; the Nonferrous Metals stocks performed well, with CHINAHONGQIAO up by 4.61% and CMOC Group Limited up by 4.09%.

Futu NewsJun 11 16:27

Hong Kong Stock Afternoon Review | All three major indices rose, with the Tech Index up 1.18%; large financials and Photovoltaic Power stocks climbed, GF SEC rose over 6%, GCL TECH increased nearly 6%.

Most Network Technology stocks rose, XIAOMI-W increased by 2.25%, NTES-S rose by 2.15%; lithium battery stocks all climbed, China Graphite rose by 40.30%, Tianqi Lithium Corporation increased by 3.86%; Nonferrous Metals stocks all rose, Jl Mag Rare-Earth rose by 6.96%, CHINAHONGQIAO rose by 4.47%.

Futu NewsJun 11 12:17