Chinese assets have ushered in a lot of good news!
Today, although the major indices of A-shares and Hong Kong stocks have not increased much, individual stocks have shown a general upward pattern. The money-making effect on the market is obvious, and concept stocks such as PV, real estate, and AI PCs have collectively strengthened.
A quick look at the Hong Kong market | The trends of the three major indices diverged. Auto stocks and photovoltaic solar energy stocks strengthened. After that, Xiaopeng Motor rose more than 13%, and Xinte Energy rose more than 17%
The trend of TechNet shares was divided. Kuaishou rose more than 2% and NetEase fell more than 3%; gold stocks continued to recover, and China Gold International and Lingbao Gold fell more than 4%.
Continue to believe in “light”? The photovoltaic sector exploded, and market+policy combined efforts to push the industry to clear up
Organization: layout α
Express News | Hong Kong PV solar stocks continued to rise in the afternoon, and GCL Technology rose more than 15%
Hong Kong Stock Concept Tracking | Encouraging mergers and restructuring in the PV industry, PV sector valuation repair can be expected (with concept stocks)
On May 21, according to the CPIA official account of the China Photovoltaic Industry Association, the China Photovoltaic Industry Association recently organized a “Symposium on High Quality Development of the PV Industry” in Beijing. The conference pointed out that the crackdown on vicious competition in below-cost sales should be strengthened; industry mergers and restructuring should be encouraged, and market exit mechanisms should be unblocked. Since this year, product prices in all parts of the photovoltaic industry chain have declined across the board. According to data released by the Silicon Industry Branch of the China Nonferrous Metals Industry Association on May 15, the current price of polysilicon has surpassed the cash costs of all production companies. In the first quarter of this year, the performance of a number of leading photovoltaic listed companies was under pressure. Two or three Sunlight
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and auto stocks strengthened. Zhuguang Holdings rose more than 26%, and Xiaopeng Motor rose more than 13%
The trend of TechNet shares was divided. Bilibili rose more than 2%, NetEase fell nearly 3%; beer stocks declined, China Resources Beer fell more than 3%, and Tsingtao Brewery shares fell nearly 2%.
Intraday Overview | Hong Kong stocks fluctuated higher. After that, Xiaopeng Motors rose more than 12%, leading auto stocks, and Lenovo Group rose more than 11%
The Hang Seng Index rose 0.43%, the Science Index rose 0.72%, and the National Index rose 0.55%; Technet shares generally rose, NIO rose 5%, and Oriental Select rose nearly 4%; Hong Kong Airlines stocks rallied; China Southern Airlines shares rose more than 5%, and China Eastern Airlines shares rose more than 4%.
Changes in Hong Kong stocks | GCL Technology (03800) rises more than 6%, leading the way in photovoltaic stocks, the PV Industry Association proposes to strengthen the crackdown on vicious competition and encourage industry mergers and restructuring
PV stocks generally rose in early trading. As of press release, GCL Technology (03800) rose 5.26% to HK$1.4; Xinyi Glass (00868) rose 2.94% to HK$10.14; GCL New Energy (00451) rose 2.35% to HK$0.435; and Xinyi Solar (00968) rose 2.33% to HK$5.26.
China Photovoltaic Industry Association: Solve the current difficulties in the photovoltaic industry through market-based means
The China Photovoltaic Industry Association organized a symposium on the high-quality development of the photovoltaic industry
Express News | China Photovoltaic Industry Association: Optimizing PV Manufacturing Industry Management Policies Guiding the Industry's Capacity Construction
Changes in Hong Kong stocks | PV stocks are generally weakening, and prices in the US survey on Southeast Asia's PV industry chain continue to fall
PV stocks generally weakened. As of press release, Xinyi Solar (00968) fell 3.95% to HK$5.11; Xinyi Glass (00868) fell 3.52% to HK$9.86; and Xinyi Energy (03868) fell 3.28% to HK$1.18.
Changes in Hong Kong stocks | US resumes import tariffs on double-sided solar panels, Xinyi Glass (00968) has fallen by more than 10%, and Follett Glass (06865) has now fallen by more than 7%
The Zhitong Finance App learned that photovoltaic glass stocks fell collectively in early trading. As of press release, Xinyi Glass (00968) fell 9.77% to HK$5.17; Follett Glass (06865) fell 6.85% to HK$16.32; and Fuyao Glass (03606) fell 2.92% to HK$48.1. According to the news, in response to an application submitted by the US Solar Manufacturing and Trade Commission on April 24, the US Department of Commerce announced the initiation of anti-dumping and countervailing investigations against crystalline silicon photovoltaic cells imported from Cambodia, Malaysia, Thailand and Vietnam (whether or not assembled into modules). US International Trade Commission
The four Southeast Asian countries' PV tariff exemption period is coming to the industry: local silicon wafer production capacity is expected to reduce the impact
Southeast Asia's two-year “anti-evasion” exemption is about to expire. Today, the US White House issued a statement to take further control measures against imported photovoltaic cells on the grounds of so-called unreasonable trade. According to the China Trade Remedies Information Network, the US International Trade Commission (ITC) is expected to issue a preliminary ruling on industrial damage in this case no later than June 10, 2024.
Express News | The Ministry of Commerce responds to the so-called “overcapacity theory”
Silicon Industry Branch: Polysilicon prices fall below costs and supply is expected to shrink
The Silicon Industry Branch issued an article stating that the current price of polysilicon has broken through the cash costs of all production companies, and silicon manufacturers are facing a situation where they lose money when sold.
Express News | The White House announced additional tariffs on a range of Chinese products, including electric vehicles, China: urges the US to immediately cancel
Changes in Hong Kong stocks | Xinyi Glass (00868) fell nearly 8%, widened the gap between supply and demand, or harmed the company's profits, and lowered its rating and target price
Xinyi Glass (00868) fell nearly 8%. As of press release, it was down 7.75% to HK$9.52, with a turnover of HK$167 million.
Express News | Biden was revealed to announce new tariffs on China's electric vehicles and the like as soon as next week. China: The US side made mistakes and mistakes
Express News | Changjiang Securities: The photovoltaic sector is expected to start recovering
International silver prices are back on an upward trajectory, the industry may cause a surge in industrial demand
① International silver prices are near a ten-year high. As of press time, spot silver has risen nearly 3% per day; ② The CEO of Coldaren Mining said that industrial demand for silver is soaring, driven by electrification applications such as photovoltaics, while supply is flat or even declining.
No Data