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What Xinyi Glass Holdings Limited's (HKG:868) 27% Share Price Gain Is Not Telling You
Xinyi Glass Holdings Limited (HKG:868) shareholders have had their patience rewarded with a 27% share price jump in the last month. Not all shareholders will be feeling jubilant, since the share pr
Hong Kong Stock Concept Tracking | Encouraging mergers and restructuring in the PV industry, PV sector valuation repair can be expected (with concept stocks)
On May 21, according to the CPIA official account of the China Photovoltaic Industry Association, the China Photovoltaic Industry Association recently organized a “Symposium on High Quality Development of the PV Industry” in Beijing. The conference pointed out that the crackdown on vicious competition in below-cost sales should be strengthened; industry mergers and restructuring should be encouraged, and market exit mechanisms should be unblocked. Since this year, product prices in all parts of the photovoltaic industry chain have declined across the board. According to data released by the Silicon Industry Branch of the China Nonferrous Metals Industry Association on May 15, the current price of polysilicon has surpassed the cash costs of all production companies. In the first quarter of this year, the performance of a number of leading photovoltaic listed companies was under pressure. Two or three Sunlight
Changes in Hong Kong stocks | GCL Technology (03800) rises more than 6%, leading the way in photovoltaic stocks, the PV Industry Association proposes to strengthen the crackdown on vicious competition and encourage industry mergers and restructuring
PV stocks generally rose in early trading. As of press release, GCL Technology (03800) rose 5.26% to HK$1.4; Xinyi Glass (00868) rose 2.94% to HK$10.14; GCL New Energy (00451) rose 2.35% to HK$0.435; and Xinyi Solar (00968) rose 2.33% to HK$5.26.
Xinyi Glass Holdings (HKG:868) Shareholders Have Endured a 58% Loss From Investing in the Stock Three Years Ago
It is doubtless a positive to see that the Xinyi Glass Holdings Limited (HKG:868) share price has gained some 44% in the last three months. Meanwhile over the last three years the stock has dropped
Changes in Hong Kong stocks | PV stocks are generally weakening, and prices in the US survey on Southeast Asia's PV industry chain continue to fall
PV stocks generally weakened. As of press release, Xinyi Solar (00968) fell 3.95% to HK$5.11; Xinyi Glass (00868) fell 3.52% to HK$9.86; and Xinyi Energy (03868) fell 3.28% to HK$1.18.
Changes in Hong Kong stocks | US resumes import tariffs on double-sided solar panels, Xinyi Glass (00968) has fallen by more than 10%, and Follett Glass (06865) has now fallen by more than 7%
The Zhitong Finance App learned that photovoltaic glass stocks fell collectively in early trading. As of press release, Xinyi Glass (00968) fell 9.77% to HK$5.17; Follett Glass (06865) fell 6.85% to HK$16.32; and Fuyao Glass (03606) fell 2.92% to HK$48.1. According to the news, in response to an application submitted by the US Solar Manufacturing and Trade Commission on April 24, the US Department of Commerce announced the initiation of anti-dumping and countervailing investigations against crystalline silicon photovoltaic cells imported from Cambodia, Malaysia, Thailand and Vietnam (whether or not assembled into modules). US International Trade Commission
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James_Tan : J Lim, what stock screener are you using to filter out US and HK stock ?