Photovoltaic glass stocks generally declined in early trading. As of press release, Xinyi Energy (03868) fell 4.35% to HK$1.1; Follett Glass (06865) fell 4.01% to HK$19.16; Xinyi Solar (00968) fell 2.71% to HK$2.71; and Xinyi Glass (00868) fell 2.04% to HK$8.63.
The Zhitong Finance App learned that photovoltaic glass stocks generally fell in early trading. As of press release, Xinyi Energy (03868) fell 4.35% to HK$1.1; Follett Glass (06865) fell 4.01% to HK$19.16; Xinyi Solar (00968) fell 2.71% to HK$2.71; and Xinyi Glass (00868) fell 2.04% to HK$8.63.
Haitong International said that although the growth rate of new photovoltaic glass production capacity has slowed in 2023, the release of overall demand fell short of expectations, and prices fluctuated mainly due to low prices. BOC International, on the other hand, pointed out that the industry currently has a large amount of production capacity under construction, and a large amount of production capacity will soon ignite, but it is unlikely that demand will continue to rise sharply at a high base, so the industry will once again be oversupplied in the second half of the year, especially in the fourth quarter.