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.

Zhitong FinanceDec 19 09:42

Investment ratings and Target Price by China Merchants for China Automobiles and related stocks (table).

China Merchants published a research report on investment ratings and Target Prices for China Automobiles and related shares as follows: Shares | Investment Rating | Target Price (HKD) Geely Automobile (00175.HK) | Shareholding | 21.8 BYD (01211.HK) | Shareholding | 360 Xpeng Motors - W (09868.HK) | Shareholding | 73 ZHONGSHENG HLDG (00881.HK) | Shareholding | 30 FUYAO GLASS (03606.HK) | Shareholding | 73 Li Auto - W (02015.HK) |

AASTOCKSDec 16 12:19

"China Merchants Securities: Looking ahead to next year's electrification, Geely (00175.HK) is the top pick, while the new forces are Bullish on Xiaopeng (09868.HK) and Li Auto (02015.HK)".

China Merchants published a research report indicating that the automobile industry in China is advancing in electric development, with increasing competition in technology and costs. The next stage is expected to be a competition in automobile intelligence, where leading manufacturers will create a positive cycle of data, training and sales, thus establishing industry barriers.

AASTOCKSDec 16 11:53

[Brokerage Focus] UBS Group holds a cautious attitude towards domestic auto demand in the first quarter of next year, favoring emerging electric vehicle brand Auto Parts suppliers.

Jinwu Financial News | UBS Group stated that as 2024 comes to a close, investors are increasingly discussing automotive demand and price reductions for 2025. The bank holds a cautious outlook on domestic automotive demand for the first quarter of 2025, even though the current incentives for scrapping electric vehicles/plug-in hybrid vehicles (EV/PHEV) may extend into 2025. Compared to joint ventures and overseas suppliers, the bank prefers to choose Auto Parts suppliers associated with emerging electric vehicle brands. Regarding the potential impact of USA tariffs, it is expected that cost-sharing and capacity allocation will partially offset the impact, with broad capacity and leading production.

Gold Guard Financial NewsDec 16 11:05

Pacific Securities: A reversal in the photovoltaic Industry is imminent. Pay attention to three directions.

The Research Reports from The Pacific Securities indicate that with continuous breakthroughs in new markets and new technologies, a new cycle of price parity in solar storage is accelerating its onset, and a reversal in the photovoltaic Industry is imminent, suggesting attention to three directions.

Gelonghui FinanceDec 13 09:06

China Automotive Smart Glass Research Report 2024, Featuring Fuyao Glass, AGC, NSG, Saint-Gobain, Xinyi Glass, Shanghai Yaohua Pilkington Glass (SYP Glass), Ambilight, J1 AI Glass and BOE - ResearchAndMarkets.com

BusinesswireDec 11 01:54