XYIGY XINYI GLASS HLDGS
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XINYI GLASS HLDGS News
Changes in Hong Kong stocks | Photovoltaic glass stocks collectively fell, Follett Glass (06865) fell more than 7%, Xinyi Solar (00968) fell more than 5%
The Zhitong Finance App learned that PV glass stocks fell collectively. As of press release, Follett Glass (06865) fell 6.53% to HK$18.04; Xinyi Solar (00968) fell 5.31% to HK$5.53; Kaisheng New Energy (01108) fell 4.53% to HK$5.06; Xinyi Glass (00868) fell 3% to HK$9.7. Guotai Junan Futures pointed out that looking ahead, the supply of photovoltaic glass is relatively sufficient. Considering the rigidity of production capacity, it is expected that the profit of photovoltaic glass will still be in a low range in 2024. Based on careful considerations of profitability and cold repair costs,
More and Faster: Electricity From Clean Sources Reaches 30% of Global Total
For the first time, 30% of electricity produced worldwide was from clean energy sources as the number of solar and wind farms continued to grow fast.
The Hong Kong stock photovoltaic sector strengthens collectively, and institutions expect the industrial chain to stop falling in May and begin to make up profits
① The photovoltaic sector of Hong Kong stocks strengthened collectively in the afternoon. Which individual stocks were active? ② Institutions expect the industry chain to stop falling and start recovering profits in May. Will this strengthen the rebound?
Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell nearly 2%; PV stocks reversed the market, and GCL Technology rose more than 6%
Technology Network stocks declined; Bilibili fell more than 6%, NetEase fell more than 4%, Kuaishou and Meituan fell nearly 4%; as concept stocks declined, Huazhu Group fell more than 3%, and Jiumaojiu fell nearly 3%.
Changes in Hong Kong stocks | PV stocks have the highest increase, PV industry chain prices remain low, and domestic and foreign installed demand is expected to be released at an accelerated pace
PV stocks had the highest gains. As of press release, GCL Technology (03800) rose 7.14% to HK$1.35; Follett Glass (06865) rose 4.75% to HK$19.4; Xinyi Glass (00868) rose 2.73% to HK$10.16; and Xinyi Solar (00968) rose 2.26% to HK$5.89.
Express News | According to data from the National Energy Administration, photovoltaic power generation added 45.74 million kilowatts of grid-connected capacity in the first quarter of 2024, with a cumulative grid-connected photovoltaic power generation capacity of 659.
Hong Kong stocks closed (05.06) | The Hang Seng Index closed up 0.55% to reap the Shilianyang CRO concept, strong high-speed rail infrastructure stocks, and domestic housing stocks fell across the board
The US non-farm payrolls data for April fell short of expectations, and expectations of market interest rate cuts rebounded somewhat. Hong Kong stocks bottomed out and rebounded today. The three major indices all turned red. The Hang Seng Index successfully reaped 10 consecutive days, and the Hengke Index also reached the 4,000 point mark.
A quick look at the Hong Kong market | The Hang Seng Index has risen ten times in a row! Most large technology stocks rose, Shangtang rose 5%; domestic housing stocks fell, and Shimao Group fell more than 9%
The three major indices of Hong Kong stocks closed slightly higher, with the Hang Seng Index rising slightly by 0.55%, achieving ten consecutive gains; most large technology stocks rose by more than 6%, Weibo by more than 5%, Shangtang by 5%, NetEase by more than 2%, Tencent by nearly 2%, and JD, Meituan, Baidu, and Alibaba all showed gains.
Changes in Hong Kong stocks 丨 PV stocks soared, led by Xinyi Glass with a sharp rise of 11%
Xinyi Glass led by a sharp rise of 11%, GCL Technology rose more than 8%, and Xinyi Energy and Xinyi Solar followed suit. According to the news, Xinyi Glass recently released the “Xinyi High Quality Float Glass Price Index”, and prices in the domestic float glass market are expected to rise steadily in May 2024.
Changes in Hong Kong stocks | Xinyi Glass (00868) rose more than 8% in May, demand for float glass improved, and expected cost pressure to continue to ease
The Zhitong Finance App learned that Xinyi Glass (00868) rose more than 8%. As of press release, it had risen 7.34% to HK$9.51, with a turnover of HK$104 million. According to the news, Xinyi Glass recently released the “Xinyi High Quality Float Glass Price Index”, and prices in the domestic float glass market are expected to rise steadily in May 2024. On the supply side, the actual effective production capacity of float glass is expected to decrease. As profits of float glass are drastically reduced, some elderly kilns plan to be cooled down, and supply reserves are expected to decline; on the demand side, demand is expected to improve in May, and float glass prices are expected to rise sequentially in May. Orient Securities pointed out that 2
信義玻璃：二零二三年年報
Bureau of Statistics: Profits of industrial enterprises above the national scale increased by 4.3% from January to March 2024
According to data released by the National Bureau of Statistics, from January to March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year; of these, private enterprises achieved a total profit of 367.97 billion yuan, an increase of 5.8%.
Xinyi Glass (00868.HK): Lee Wai-king will be nominated and appointed as an independent non-executive director
Gelonghui, April 26 | Xinyi Glass (00868.HK) announced that Yang Shaoxin (independent non-executive director, chairman of the Audit Committee, and respective members of the Nomination Committee and Remuneration Committee) will retire as a director of the company at the annual shareholders' meeting. Member Lee Wai-king (Golden Bauhinia Star, Justice of the Peace) will be nominated and appointed as an independent non-executive director at the Annual General Meeting of Shareholders. After being appointed, Lee Wai-king will also serve as Chairman of the Audit Committee and as a member of the Nomination Committee and Remuneration Committee respectively.
Hong Kong Stock Afternoon Review | Hang Seng Index rose slightly by 0.55%, Great Wall Motor rose nearly 10%, and Bilibili rose nearly 4%
Photovoltaic solar energy stocks rose one after another; Xinyi Solar Energy and GCL Technology rose nearly 3%; insurance stocks generally rose; China Taiping rose more than 4%, and China Ping An rose nearly 3%.
Xinyi Glass (00868.HK): Real estate completion, restoration and operation showed resilience
Incident: Xinyi Glass announced its 2023 results. The company achieved operating revenue of HK$27.5 billion in 2023, an increase of 5.7%, and realized net profit of HK$5.4 billion to the mother, an increase of 4.6%. Benefiting from domestic real estate
Changes in Hong Kong stocks | Xinyi Glass (00868) fell more than 4%, and the drop in float glass prices narrowed, off-season supply-side pressure may still be prominent
Xinyi Glass (00868) fell by more than 4%. At press time, it was down 4.13% to HK$7.9, with a turnover of HK$93.4487 million.
A quick overview of the Hong Kong market | Science Index fell more than 3%, Science Network stocks weakened, and Bilibili fell more than 5%
Auto stocks fell sharply, with NIO falling more than 10%, and Xiaopeng Motors falling more than 5%; gaming stocks continued to decline, with Aobo Holdings falling nearly 7% and Sands China falling nearly 6%.
The value added of industries above scale in China increased 4.5% year-on-year in March
In March, the value added of large-scale industries actually increased by 4.5% year-on-year.
Changes in Hong Kong stocks | PV glass stocks continue to decline, Follett Glass (06865) falls more than 4%, Xinyi Glass (00868) falls more than 3%
The Zhitong Finance App learned that photovoltaic glass stocks continued to decline. As of press release, Follett Glass (06865) fell 4.48% to HK$18.32; Xinyi Glass (00868) fell 3.29% to HK$8.23; Xinyi Solar (00968) fell 3.13% to HK$5.88; Kaisheng New Energy (01108) fell 2.38% to HK$5.32. According to the news, according to Solbi's consultation, some early ignition production lines have recently been put into production one after another, and the supply supply in the photovoltaic glass market has increased slightly. Looking at next week, glass manufacturers will mainly execute orders. Inventory deceleration is expected to slow down. Market is expected
Express News | Zhongtai Securities: Improved supply and demand for photovoltaic glass is expected to drive a sharp rise in product volume and price
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