According to the financial news app, photovoltaic stocks continue to decline. As of press time, Flat Glass (06865) fell 3.42% to HKD 14.7; Xinyi Solar (00968) fell 2.97% to HKD 4.57; Fuyao Glass (03606) fell 0.99% to HKD 44.85; Xinte Energy (01799) fell 0.33% to HKD 9.03.

In terms of news, Southeast Asian photovoltaic manufacturers are mired in production stoppages. LONGi Green Energy, Trina Solar, and Artes issued their latest responses to reports of production stoppages. Industry experts believe that due to the obstruction of exporting to the United States through Southeast Asia and high production costs for photovoltaic capacity in Southeast Asia, production stoppage and observation may be the rational choice. It is reported that in mid-May, the United States resumed the imposition of tariffs on solar products from four Southeast Asian countries.

According to the Science and Technology Innovation Board Daily, Lü Jinbiao, the joint secretary-general of the SEMI China PV Standards Committee, pointed out that: "This is a direct imposition of the 'double-reverse' on photovoltaic products produced in Southeast Asia. Whether the entire industry chain is located in Southeast Asia or not, as long as it is a cell or module, it is within the scope of the restrictions. The dumping margin mentioned in the application exceeds 100%, and the tax rate will be very high after the ruling, so there is no way to export to the United States."