Xinyi Glass (00868.HK): Lee Wai-king will be nominated and appointed as an independent non-executive director
Gelonghui, April 26 | Xinyi Glass (00868.HK) announced that Yang Shaoxin (independent non-executive director, chairman of the Audit Committee, and respective members of the Nomination Committee and Remuneration Committee) will retire as a director of the company at the annual shareholders' meeting. Member Lee Wai-king (Golden Bauhinia Star, Justice of the Peace) will be nominated and appointed as an independent non-executive director at the Annual General Meeting of Shareholders. After being appointed, Lee Wai-king will also serve as Chairman of the Audit Committee and as a member of the Nomination Committee and Remuneration Committee respectively.
Calculating The Fair Value Of Xinyi Glass Holdings Limited (HKG:868)
Key Insights Using the Dividend Discount Model, Xinyi Glass Holdings fair value estimate is HK$9.44 Current share price of HK$7.82 suggests Xinyi Glass Holdings is potentially trading close to its f
Changes in Hong Kong stocks | Xinyi Glass (00868) fell more than 4%, and the drop in float glass prices narrowed, off-season supply-side pressure may still be prominent
Xinyi Glass (00868) fell by more than 4%. At press time, it was down 4.13% to HK$7.9, with a turnover of HK$93.4487 million.
Changes in Hong Kong stocks | PV glass stocks continue to decline, Follett Glass (06865) falls more than 4%, Xinyi Glass (00868) falls more than 3%
The Zhitong Finance App learned that photovoltaic glass stocks continued to decline. As of press release, Follett Glass (06865) fell 4.48% to HK$18.32; Xinyi Glass (00868) fell 3.29% to HK$8.23; Xinyi Solar (00968) fell 3.13% to HK$5.88; Kaisheng New Energy (01108) fell 2.38% to HK$5.32. According to the news, according to Solbi's consultation, some early ignition production lines have recently been put into production one after another, and the supply supply in the photovoltaic glass market has increased slightly. Looking at next week, glass manufacturers will mainly execute orders. Inventory deceleration is expected to slow down. Market is expected
Changes in Hong Kong stocks | Follett Glass (06865) fell by more than 4%, leading the decline. The photovoltaic glass stock industry will have a large production capacity, and it is difficult to continue to increase significantly in demand
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.
Zacks Industry Outlook Highlights Xinyi Glass, Apogee Enterprises and View
Is Now The Time To Look At Buying Xinyi Glass Holdings Limited (HKG:868)?
Xinyi Glass Holdings Limited (HKG:868), might not be a large cap stock, but it saw a significant share price rise of 39% in the past couple of months on the SEHK. While good news for shareholder
Changes in Hong Kong stocks | PV glass stocks rose, Follett Glass (06865) rose more than 5%, downstream demand improved, production capacity expanded in an orderly manner, and prices are expected to continue to rise in April
As of press release, Follett Glass (06865) rose 5.97% to HK$21.3, Xinyi Solar (00968) rose 5.51% to HK$6.51, and Xinyi Glass (00868) rose 3.03% to HK$8.84.
Changes in Hong Kong stocks | Xinyi Glass (00868) is now up nearly 4%, PV module production schedule is improving, and the supply of photovoltaic glass may be tight
Xinyi Glass (00868) is now up nearly 4%, temporarily leading the blue chip increase. As of press release, it has risen 3.75% to HK$8.57, with a turnover of HK$61.9593 million.
Changes in Hong Kong stocks | Follett Glass (06865) rose more than 7%, leading the rise, supply and demand for PV glass stocks will continue to be tight, and prices are expected to continue to rise
The Zhitong Finance App learned that Follett Glass (06865) rose more than 7% to lead PV glass stocks. As of press release, Follett Glass rose 7.78% to HK$20.5, Xinyi Solar (00968) rose 3.96% to HK$6.3, and Xinyi Glass (00868) rose 2.17% to HK$8.47. According to the news, according to SMM, as of April 1, the price of 2.0mm photovoltaic glass was 17.5-18.5 yuan/square meter, and the price of 3.2mm glass was 27.0-27.5 yuan/square meter. The mainstream transaction prices were 18.0 and 27.0 yuan/square meter, respectively
China Merchants Securities: Downstream demand is improving, and the price of photovoltaic glass is expected to rise
China Merchants Securities released a research report saying that after experiencing a major expansion in production during the previous boom period, the price of photovoltaic glass remained low for a long period of time, and second-tier glass companies were generally unprofitable last year.
Here's Why Xinyi Glass Holdings (HKG:868) Can Manage Its Debt Responsibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will
Are Strong Financial Prospects The Force That Is Driving The Momentum In Xinyi Glass Holdings Limited's HKG:868) Stock?
Xinyi Glass Holdings' (HKG:868) stock is up by a considerable 43% over the past month. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key perf
CITIC Lyon: Maintaining Xinyi Glass's “Outperforming Market” Rating Target Price Raised to HK$10.1
CITIC Lyon released a research report stating that it maintained Xinyi Glass (00868)'s “outperforming the market” rating and raised the target price to HK$10.1. The bank has always believed that the company is more flexible than market expectations because automotive and architectural glass stock prices are defensive during a period of potential slump in completion, and raw material costs are trending downward in 2024. It also indicated that one of the reasons for the rise in the company's stock price is that sentiment in the float glass industry has improved, as funding from the mainland real estate whitelist may help ease the upcoming weak demand for completion.
CITIC Lyon: Maintaining Xinyi Glass (00868)'s “Outperform the Market” rating and raising the target price to HK$10.1
CITIC Lyon has always believed that Xinyi Glass (00868) is more flexible than market expectations.
CITIC Construction Investment: PV glass supply and demand are in dynamic balance in 2024, prices are expected to rise during the Q2 peak season
CITIC Construction Investment released a research report saying that due to its characteristics of heavy assets, long construction cycle, continuous production, and large inventory area, production capacity is usually released in a “stepwise” manner. When module production schedules rise rapidly, it is more likely to cause phased supply and demand mismatches compared to other auxiliary materials.
Guotai Junan: PV glass production and sales are picking up, and the short-term profit certainty of float is high
Production schedules for photovoltaic glass picked up in March, and supply in the industry tightened marginally.
[Broker Focus] Guolian Securities maintains Xinyi Glass (00868)'s “buy” rating, indicating that performance growth is resilient or undervalued
Jinwu Financial News | According to the Guolian Securities Research Report, Xinyi Glass (00868) announced annual results for the year 23, with revenue of HK$26.8 billion in 23, +4% year-on-year; net profit to mother of HK$5.4 billion, +5% year-on-year. Of these, 23H2 revenue was HK$14.2 billion, +17% YoY, +12% month-on-month; net profit to mother was HK$3.2 billion, +77% YoY, +50%. According to the bank, 23H2's revenue growth momentum is strong, benefiting from a marginal improvement in demand for float glass. The profit margin of float glass improved a lot in the second half of the year, and there were also positive changes in deep-processed glass. The bank continues to refer to the company's three major glass industries
CITIC Construction Investment: Raise supply and demand in some aspects of domestic PV installation demand in 2024 or reverse ahead of schedule
Domestic PV consumption bottlenecks may be opened, which will bring more room for new domestic PV installations.
Zhitong Hong Kong Stock Market Untrading | Market Activity Increased Significantly, New Energy Circuit Explodes
Today's Hong Kong stock market is very enthusiastic, and more importantly, capital has begun to show positive feedback on the benefits of some individual stocks. Unlike the past year, even with big benefits and no financial attention, it indicates that the activity of the entire market has increased markedly, while the increase in the index is secondary.
No Data