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Hong Kong stock market changes | Photovoltaic stocks generally fell in early trading, with some companies' bids below the self-regulated minimum price set by the industry. Goldman Sachs previously stated it is monitoring the follow-up execution of product
In the morning session, solar stocks experienced widespread declines. As of the time of reporting, XINYI ENERGY (03868) fell by 3.61%, trading at 0.8 HKD; FLAT GLASS (06865) decreased by 2.63%, trading at 11.84 HKD; XINTE ENERGY (01799) dropped by 2.31%, trading at 7.61 HKD; XINYI SOLAR (00968) declined by 1.89%, trading at 3.12 HKD.
The first data property rights registration certificate for the NENGYUANHANGYE in the country has been issued in Guangzhou.
On December 17, Gluohui reported that the Southern Energy Industry Trusted Data Space (Guangdong) was launched, and the CNI Data Factor Index Ecological Conference was held in Guangzhou. At the conference, Southern Power Grid Guangdong Electric Power Company received the first "Data Property Registration Certificate" issued by the Guangzhou Exchange, which is also the first data property registration certificate obtained in the national energy industry, marking significant progress in Guangdong's structural separation of data property rights and compliant circulation.
Xinyi Solar Secures Marine Transport Services Deal
XINYI SOLAR (00968.HK) has established a Marine Transportation agreement with XINYI Marine Transportation.
On December 17, Gelonghui announced that XINYI SOLAR (00968.HK) has signed a Marine Transportation agreement with XINYI Marine Transportation, under which XINYI Marine Transportation will provide marine transportation services to the XINYI SOLAR Group from December 17, 2024, to December 31, 2026 (including both dates).
[Brokerage Focus] Zhongtai International reduces the Target Price for XINYI SOLAR (00968) by 16.36%, indicating that the adjustment of the production line will undoubtedly affect short-term revenue.
Kingwoo Finance News | Zhongtai International released a Research Report stating that as of the end of November, XINYI SOLAR (00968) has cumulatively cold-repaired nine Photovoltaic Glass production lines, with a total daily capacity of 7,000 tons (2,000 tons in the first half of the year and 5,000 tons in the second half). Among them, the two cold-repaired 1,000-ton production lines from the first half of the year have completed the project but have not yet been reignited and put into production, while the other cold-repair projects are still in progress. In terms of new capacity, the company has completed the construction of six Photovoltaic Glass production lines this year, of which (1) two 1,200-ton lines in Malaysia have been ignited and put into production in June and August respectively; (2) two 1,000-ton lines in Wuhu, Anhui.
Zhongtai International: Maintains XINYI SOLAR (00968) "Neutral" rating, Target Price lowered to HKD 3.22.
The company plans to ignite and put into production four 1,000-ton and one 900-ton production lines that are undergoing cold repairs this year, as well as the newly constructed Wuhu production line, based on market and company's own circumstances, at the right time in the future.
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