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Daqo New Energy Newsroom
The U.S. Can't Beat China at Solar Power. It May Be Time to Join Them. -- Barrons.com
Daqo New Energy to Hold Annual General Meeting
Trump Taps Lee Zeldin to Lead Environmental Protection Agency
Trending Stocks This Week as Market Reacts to Trump's Comeback
Short-selling institutions rake in 1.2 billion! Trump's return deals a heavy blow to green energy stocks, is the countdown to the demise of US offshore wind power?
①Trump's return to the White House led to the selling of renewable energy stocks, with Plug Power and Sunrun stock prices plummeting on Wednesday, while financial institutions profited over $1.2 billion. ②In May, Trump declared that if he wins the November election, he will end the United States' offshore wind power projects on the 'first day' in office and terminate subsidies prescribed by the Inflation Reduction Act.
10 trillion debt-for-equity swap, real estate tax policies will be introduced in the near future... One article to understand the NPC press conference
Starting from 2024, China will allocate 800 billion yuan from the annual increase in local government special bonds for five consecutive years, specifically for debt restructuring, with a cumulative potential to replace 4 trillion yuan in hidden debt. In addition, with the 6 trillion yuan debt ceiling approved by the National People's Congress Standing Committee this time, it will directly increase local debt resources by 10 trillion yuan.
Will Trump 2.0 be a 'photovoltaic winter'? U.S. Photovoltaic giant: It is unlikely to completely cancel subsidies.
usa photovoltaic giant sunrun's CEO believes that even if Trump wins the US election, it is 'highly unlikely' to completely abolish the 'Inflation Reduction Act' and cancel tax credits for industries such as photovoltaics.
Why SolarEdge Stock Dropped, Then Popped Today, and Why Sunnova and Daqo New Energy Are Moving, Too
Trump sparks a rally in the US dollar! US stocks and bitcoin hit new highs, with the Dow rising 1500 points, small cap stocks surging, while US bonds and metals plummet.
Dow rises to the best level in two years, small cap index rises nearly 6%, banking stocks rise over 10%, oil, steel, and crypto stocks surge, European and American solar stocks all collapse, Trump media technology rises by almost 35% before closing up by about 6%, Tesla rises by nearly 15% to a two-year high, Qualcomm rises by 10% after the bell. Chinese concept stocks narrow their declines, NIO Inc and Zeekr drop over 5%. 10-year US Treasury yield rises the most by 20 basis points nearing 4.48%, reaching a four-month high along with a 1.7% rise breaking 105 in the USD index, Bitcoin rises by 9% nearing $0.076 million, offshore RMB drops by a thousand points to below 7.20, a three-month low, Euro and Yen once fell by 2%. Gold drops over 3%, London copper drops over 4%.
Asian Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading
Express News | The photovoltaic technology sector in the US stock market fell, with Sunrun plummeting more than 26%.
Clean-Energy Stocks Rally as Poll Raises Hope for Harris Win -- Barrons.com
Express News | Most photovoltaic power stocks in the US stock market rose, photovoltaic power rose by over 7%, the aes corp rose by nearly 6%, first solar rose by over 4%, jinkosolar and daqo new energy rose by over 2%.
Recent 8.1% Pullback Isn't Enough to Hurt Long-term Daqo New Energy (NYSE:DQ) Shareholders, They're Still up 220% Over 5 Years
Roth MKM Maintains Daqo New Energy(DQ.US) With Hold Rating, Raises Target Price to $23
Daqo New Energy Narrows Losses Amid Solar Market Challenges
US stocks anomaly | Daqo New Energy rose by about 3.2% in pre-market trading, Q3 revenue exceeded expectations + received an upward revision in target price by institutions.
On October 31, Daqo New Energy (DQ.US) rose by about 3.2% in pre-market trading to $22.97. On the news front, Daqo New Energy announced its third-quarter performance, with revenue of $0.1985 billion, a 59.1% year-on-year decline, still exceeding market expectations by $10.57 million; the company's net loss attributable to shareholders was $60.7 million, with a loss of $0.92 per ADS. Following the results, Jefferies Financial maintains a 'buy' rating on the stock, raising the target price from $34.05 to $35.54. Daiwa Securities also raised its rating to 'buy' with a target price of $25.
Daqo New Energy Corp (DQ) Q3 2024 Earnings Call Highlights: Navigating Market Challenges With ...
Jefferies Maintains Daqo New Energy(DQ.US) With Buy Rating, Raises Target Price to $35.54
Trump's Treasury Secretary nominee Paulson: Working with Musk to reduce expenses, especially by canceling green energy subsidies, has Asia's giants at a loss?
Abolishing the current Clean Energy Tax Reduction Policy in the existing 'Inflation Reduction Act' could increase tax revenue by approximately $921 billion over a decade. For Asian giants such as Toyota and Hyundai engaged in electric vehicles, wind power, and other renewable energy industries, President Trump and his allies' plan to abolish the Clean Energy Tax Reduction Policy would harm their financial condition and reduce the attractiveness of the USA market.