Most photovoltaic stocks are up, as of the time of publication, xinte energy (01799) rose by 3.78%, to 8.78 Hong Kong dollars; xinyi solar (00968) rose by 2.58%, to 3.58 Hong Kong dollars; xinyi energy (03868) rose by 2.5%, to 0.82 Hong Kong dollars.
According to the Wisdom Financial APP, most photovoltaic stocks are up, as of the time of publication, xinte energy (01799) rose by 3.78%, to 8.78 Hong Kong dollars; xinyi solar (00968) rose by 2.58%, to 3.58 Hong Kong dollars; xinyi energy (03868) rose by 2.5%, to 0.82 Hong Kong dollars; fuyao glass (03606) rose by 1.05%, to 52.7 Hong Kong dollars.
On the news front, the China photovoltaic industry association will hold the "2024 Photovoltaic Industry Annual Conference" in Yibin City, Sichuan Province from December 4 to 6, 2024, inviting representatives from industry regulatory authorities, industry organizations, industry experts, photovoltaic enterprise leaders, and others to discuss and analyze industry hot topics. The conference will also include the concurrent holding of photovoltaic supply chain development seminars, photovoltaic innovative application development seminars, and various thematic meetings and activities.
Haitong International pointed out that the industry as a whole is currently in a phase of clearing and adjustment. As the year-end approaches, there may be fluctuations due to increased signing of contracts, but the overall downside space is limited, and the price bottom is already clear. The photovoltaic industry is accelerating its return to order. Current policies have provided clear guidance and measures for the photovoltaic industry in terms of both capacity and price. The trend is towards industrial consolidation, moving away from low stock price vicious competition. Price increases are expected in the future, and it is recommended to focus on the significant elasticity brought by the turning point of the photovoltaic bottom.