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Individual Investors Invested in Sungrow Power Supply Co., Ltd. (SZSE:300274) Copped the Brunt of Last Week's CN¥55b Market Cap Decline
Citi: Downgraded flat glass rating to 'Neutral' with target price lowered to HK$13.
Citigroup released a research report stating that due to the decrease in sales price of photovoltaic glass, the net income forecast of Flat Glass (06865) for 2024 to 2026 has been reduced by 15% to 40%, with the target price lowered by 7.1% from 14 Hong Kong dollars to 13 Hong Kong dollars. The rating has been downgraded from 'buy' to 'neutral'. At the same time, the bank has initiated a 30-day negative catalytic observation, expecting the group's profit in the third quarter of 2024 to be below expectations. Citigroup stated that Flat Glass is affected by the decline in photovoltaic glass prices, expecting its net income in the third quarter to decline by 90% to 90 million yuan, and also expecting the group's gross profit for the period
Sungrow PowerTitan 2.0 Wins the Storage Product Innovation Award at Solar & Storage Live Awards 2024
Improved Earnings Required Before Sungrow Power Supply Co., Ltd. (SZSE:300274) Stock's 29% Jump Looks Justified
Sungrow Power Supply (300274.SZ) granted 1.575 million restricted stocks at a grant price of 30.18 yuan per stock.
sungrow power supply (300274.SZ) announced that on September 30, 2024, the company granted restricted shares for the year 2023...
Debang Securities: The export volume of domestic photovoltaic modules is increasing while prices are falling, and the production capacity of each link in the industry chain is still growing.
In the first half of 2024, overseas market demand remains strong, while domestic photovoltaic component exports show an increase in quantity and a decrease in price; the production capacity of various links in the industry chain still maintains a growth trend, and industry chain prices are gradually decreasing.
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markets. I believe people's will stay away from this stock.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
102329055 : Do people still care what's going to be announce this Saturday?
Thelord 102329055 : Sure announce useless things and Monday gonna dump very hard again
102329055 Thelord : Can they afford to say useless stuff?
10baggerbamm 102329055 : are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Thelord 102329055 : They never fail to shoot at their own feet
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