Changes in Hong Kong stocks | PV stocks are mostly open, and the industry calls for strict prevention of “spillover” in the industry and further promotion of anti-inflow competition

The Zhitong Finance App learned that most PV stocks were higher. As of press release, GCL Technology (03800) rose 6.06% to HK$1.4; Xinte Energy (01799) rose 2.84% to HK$8.32; Follett Glass (06865) rose 3.51% to HK$12.38; and Xinyi Solar (00968) rose 2.22% to HK$3.23.

According to the news, according to the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products, the “Photovoltaic Industry Foreign Trade Enterprise Self-Regulatory Symposium” organized by the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products was successfully held in Beijing on the afternoon of November 22. Chairman Zhang Yujing said in his speech that the current global economic situation is complex and changing, opportunities and challenges coexist, and cooperation and competition are intertwined. As a typical representative of the “new three types” of foreign trade, China's photovoltaic industry is facing the double pressure of increasingly intense “internal rolling” competition and frequent trade barriers in overseas markets. Chairman Zhang urged that in the current situation, upstream and downstream PV companies should cooperate sincerely, strengthen self-discipline, and strictly prevent “internal spillover” in the photovoltaic industry.

Bank of China Securities released a research report stating that on November 20, the Ministry of Industry and Information Technology issued the revised “PV Manufacturing Industry Specification Conditions (2024 Edition)” and “Administrative Measures on the PV Manufacturing Industry Specification Notice (2024 Edition)”, which aim to further strengthen the regulatory management of the photovoltaic industry and promote the accelerated transformation, upgrading and structural adjustment of the industry. The bank believes that in the context of the industry's promotion of anti-internal roll competition, production restrictions in various sectors are expected to increase. Production restrictions on silicon wafers and the like have been gradually implemented, and expectations for silicon production cuts have continued to strengthen; price increases for photovoltaic cells and modules have already been implemented. Under the influence of policies and markets, the photovoltaic industry chain or phased price increases, and the fundamentals of the industry are gradually being established.