BOCOM INTL: The impact of tariffs on photovoltaic manufacturing is limited, and high-dividend operators are relatively defensive.

For the Operation Sector, the bank prefers CHINA POWER (02380) and CHINA LONGYUAN (00916) with clear dividend policies. As for the Photovoltaic Sector, the bank expects that Chinese photovoltaic companies will actively respond to reduce the impact of tariffs, being Bullish on the leading Polysilicon company GCL TECH (03800) and the leading Photovoltaic Glass company XINYI SOLAR (00968).

Zhitong FinanceApr 11 11:20

Photovoltaic Power stocks rose against the market trend, GCL TECH (03800) increased by 3.85%. BOCOM INTL indicated that the USA's imposition of tariffs has a minimal impact on the Industry's production capacity.

Jingwu Financial News | Photovoltaic Power stocks rose against the market trend, with IRICO NEWENERGY (00438) up 4.83%, COMTEC SOLAR (00712) up 4.55%, GCL TECH (03800) up 3.85%, XINYI SOLAR (00968) up 2.02%, FUYAO GLASS (03606) up 1.53%, FLAT GLASS (06865) up 1.18%, and TRIUMPH NEW EN (01108) up 1.16%. In terms of news, BOCOM INTL Research Reports indicate that due to the USA's previous imposition of at least 25% Section 301 tariffs on Chinese photovoltaic products, China has basically stopped exporting to the USA.

Jinwu Financial NewsApr 11 10:34

GCL-Poly Energy intends to list in Hong Kong.

GCL-Poly Energy intends to list in Hong Kong.

Ryanben CapitalApr 10 13:59

GCL TECH (3800.HK): Fully leveraging cost advantages, awaiting improved supply and demand.

Performance in 2024 is under pressure: The full-year revenue for 24F decreased by 55% year-on-year to 15.1 billion yuan, among which the revenue from the photovoltaic materials Business decreased by 55.3% year-on-year to 14.96 billion yuan, mainly due to a significant decline in silicon material prices during the period.

FIRST SHANGHAIApr 9 00:00

GCL TECH (03800.HK): The trustee further purchased 30 million shares based on the stock reward plan.

On April 8th, GCL TECH (03800.HK) announced that on April 8, 2025, the trustee will further purchase 30 million shares from the market and hold them in trust for eligible persons according to the terms and conditions of the plan rules and the trust deed (both as amended), with an average purchase price of approximately HKD 0.74 per share.

Gelonghui FinanceApr 8 18:29

GCL Technology's Solar Material Business Wing Logs 505 Million Yuan EBITDA in January-March

MT NewswiresApr 7 18:05