According to the Zhituo Finance APP, photovoltaic stocks have once again declined. As of the time of writing, xinte energy (01799) fell 3.74%, priced at 8.49 HKD; xinyi solar (00968) fell 2.65%, priced at 3.31 HKD; xinyi energy (03868) fell 2.47%, priced at 0.79 HKD; triumph new en (01108) fell 2.33%, priced at 4.19 HKD.

Regarding the news, in the week following Trump's victory in the usa presidential election, usa photovoltaic stocks have already suffered a round of heavy damage. Due to Trump's consistent support for the traditional energy industry and skepticism towards the new energy fund industry, many investors are worried that after Trump takes office, he may withdraw the Biden administration's support and subsidy measures for photovoltaic and other new energy fund industries.

According to market reports, the market generally believes that the usa photovoltaic industry will fall into a difficult situation due to Trump's election. In the usa Solar Energy Industries Association (SEIA) forecast, whether Trump is elected, the duration of his election, and related policy changes will create different expectations. The pessimistic scenario expectation (long-term election, IRA cancellation) could lead to a 200GW reduction in the photovoltaic installation scale in the usa over the next decade compared to optimistic expectations (which is almost the current cumulative installation capacity of the usa). Although whether subsidies will decline still has uncertainties, it is almost certain that the growth rate of photovoltaic development in the usa and even worldwide will be affected.

Some market analysts believe that many leading photovoltaic companies in china have already built factories in the usa. For these production capacities that have landed in the usa, Harris's election supporting IRA should be more reassuring. However, after Trump takes office, related companies may have more concerns about whether they can receive subsidies and the future direction of their usa factories.