[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.
Zhongtai International: Maintains XINYI SOLAR (00968) "Neutral" rating, Target Price lowered to HKD 3.22.
Xinyi Solar (0968.HK): Production capacity declined briefly and glass prices were weak
Rating by major banks | Bocom Intl: Upgraded the rating of Xinyi Solar to "buy" as photovoltaic glass enters destocking cycle, price rebound expected.
[Brokerage Focus] Bocom Intl cuts xinyi solar (00968) target price by 1.2%, rating upgraded to buy.
Bocom International Upgrades Xinyi Solar to Buy From Neutral, Price Target Is HK$4.04
bocom intl: Upgraded xinyi solar (00968) to "buy" with a target price lowered to 4.04 HKD.
Xinyi Solar Energy (0968.HK): Supply-side reforms are expected to accelerate industry clearance and a clear increase in valuation advantage over peers to purchases
gtja: The electrical utilities assets are expected to usher in a new round of value reassessment opportunities with the verification of electricity price stability. Maintain a "shareholding" rating for the industry.
[Brokerage Focus] JPMorgan: US tariff adjustments and China's policy intervention are expected to have limited impact on solar energy stocks.
Major Rating | Citigroup: Lower xinyi solar target price to 3.6 Hong Kong dollars, Lower profit forecast for 2024-2026.
Major banks ratings | Lyon: Expect most industrial stocks profits to bottom out in the third quarter. BYD, Flat Glass, and Jiangsu Hengli Hydraulic are the top picks.
Hong Kong stock abnormal fluctuation | Xinyi solar (00968) fell more than 9%, being downgraded in rating and target price by Citi and Morgan Stanley, with excess photovoltaic glass situation possibly continuing.
UBS Group: Maintains a 'buy' rating for Xinyi Solar (00968) with a target price of 5.7 Hong Kong dollars.
Xinyi Solar (00968.HK): 24H1 photovoltaic glass volume is rising rapidly, and the bottom of the boom is focusing on the positive supply trend
Xinyi Solar (0968.HK): Photovoltaic glass industry integration company adjusts the pace of commissioning
Guosen Securities: Maintains 'outperform' rating for Xinyi Solar (00968), expecting year-on-year improvement in profitability for photovoltaic glass in 2024H1.
Xinyi Solar (00968.HK): PV glass profits improved year-on-year, short-term pressure on power generation business
Xinyi Solar (00968.HK): 2024H1 performance is in line with expectations, and the firm expansion of photovoltaic glass production
CICC: Maintains a neutral rating for Xinyi Solar (00968), lowers the target price to HKD 4.8.
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