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As Donald Trump values traditional energy industries, such as fossil fuels, it is believed that the US solar energy tax breaks and incentives may not be extended after he takes office, and there is a possibility that tariffs will be raised.HK-listed photovoltaic stocks were squeezed today (7th), with GCL TECH (03800.HK) opening ...
Recommend
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Positive
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The average price of solar glass further declined by 2-4% MoM in October, with prices for 2mm and 3.2mm glass at RMB12-12.5 per square meter and RMB20-20.5 per square meter respectively, according to a Citi report.As solar demand enters the off-season, the broker was concerned that the low sales prices and inventory pressure in ...
Recommend
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Positive
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Hong Kong stocks elevated, driven by HSBC HOLDINGS (00005.HK) and some techs. The HSI picked up 101 points or 0.5% to close at 20,701. The HSCEI added 26 points or 0.4% to close at 7,417. The HSTECH hiked 49 points or 1.1% to close at 4,623. The total market turnover for the day amounted to $154.249 billion.HSBC HOLDINGS (00005....
Recommend
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Positive
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With the solar industry entering a bottom in 3Q, the Chinese government is expected to announce the implementation of capacity control policies, as the industry is currently in a loss-making state, and market-driven measures cannot fully resolve the oversupply issue, CLSA released a research report saying.CLSA reiterated its vie...
Recommend
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Positive
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Negative
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Hong Kong stocks ascended. The HSI added 100 points or 0.5% to close at 20,590. The HSCEI picked up 26 points or 0.4% to close at 7,385. The HSTECH climbed 54 points or 1.2% to close at 4,538. The total market turnover for the day amounted to $161.259 billion.It is rumored that China will launch a policy to limit energy consumpt...
Recommend
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Positive
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Positive
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Positive
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Positive
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