Changes in Hong Kong stocks | PV stocks are generally active, Follett Glass (06865) rose more than 4%, Xinyi Solar (00968) rose more than 3%

The Zhitong Finance App learned that PV stocks were generally active. As of press release, Follett Glass (06865) rose 4.67% to HK$10.32; Xinyi Solar (00968) rose 3.25% to HK$3.18; GCL Technology (03800) rose 2.65% to HK$1.16; and Xinte Energy (01799) rose 1.18% to HK$7.69.

According to the news, on December 26, the General Administration of Market Regulation reported on price violations and risks in the photovoltaic industry, and emphasized that the entire industry should fully understand the importance of rectifying “internal rolling” competition in the photovoltaic industry. Guangfa Securities believes that under the further requirements of the General Administration of Market Regulation, the PV anti-internal roll is expected to be further implemented and strengthened, industry profits can be expected to improve, and it is optimistic about the profit improvement in the downstream module link of the PV industry chain in 2026.

Guosheng Securities pointed out that in 2025, the photovoltaic industry will usher in a systemic “anti-internal roll” inflection point. The central government and ministries will intensively introduce policies to curb low price competition, and energy consumption standards will be drastically tightened to accelerate the withdrawal of high-cost production capacity. The polysilicon sector took the lead in bottoming out. Prices rose nearly 50% from the July low, and industry consolidation began. The bank expects the price center to stabilize at 60-80 yuan/kg in 2026, and leading profits are expected to recover significantly.