According to the Wise News APP, photovoltaic stocks rose in the final trading session, with irico new energy (00438) rising by 10.2% to HK$2.7; xinte energy (01799) rising by 7.94% to HK$6.93; flat glass (06865) rising by 6.91% to HK$9.75; xinyi solar (00968) rising by 6.53% to HK$3.1; gcl tech (03800) rising by 4.85% to HK$1.08.

On the news front, the National Energy Administration released statistics for the national electricity industry from January to August. The data shows that by the end of August, the cumulative installed power generation capacity nationwide is about 3.13 billion kilowatts, a 14.0% year-on-year growth. Among them, the installed capacity of solar power generation is about 0.75 billion kilowatts, a 48.8% year-on-year growth; the installed capacity of wind power is about 0.47 billion kilowatts, a 19.9% year-on-year growth.

Sinolink Securities released a research report stating that the direction of the U.S. presidential election is changing, and attitudes towards the energy industry may be gradually becoming an area of less divergence and contradiction in the governing agendas of the two parties. With the impending expectation of a rate cut by the Federal Reserve and new energy projects expected to benefit directly from the rate cut, the synergy of these two factors is expected to drive significant recovery in sentiment and expectations in the electrical utilities sector, especially in the offshore-related industry chain, recommending an increase in relevant symbol allocation.