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This week's Hong Kong stock market bull stocks | Alibaba's ecosystem has surged across the board! ALI HEALTH skyrocketed over 54% this week, Alibaba has risen over 50% this year; Bullish trends in AI are leading the Cloud Computing market! GDS Holdings ha
This week, the Hang Seng Index has risen by 7.04%, closing at 22,620.33 points; during the same period, the Hang Seng TECH Index has increased by 7.3%, closing at 5,526.22 points; the Hang Seng China Enterprises Index has also risen by 7.03%, closing at 8,331.4 points.
Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.
According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.
CITIC SEC: Capacity of Photovoltaic Glass is rapidly clearing, and the profit turning point is approaching.
The price of Photovoltaic Glass has already bottomed out, and is expected to rebound after the downstream operating rate improves in March. It is recommended to pay attention to the leading companies in the Photovoltaic Glass Industry that excel in profitability.
[Brokerage Focus] CITIC SEC believes that the price of Photovoltaic Glass has bottomed out and is expected to rebound after downstream operating rates improve in March.
Gold-Woo Financial News | CITIC SEC stated that the demand growth in 2024 is expected to be lower than anticipated. The intensive release of new production capacity in the first half of the year has led to a worsening supply-demand imbalance, causing companies to accelerate furnace maintenance in the context of losses across the industry. In 2025, domestic photovoltaic installations are expected to maintain steady growth, while growth in the European and American markets may slow down, and Emerging Markets are expected to maintain high growth. The bank predicts that the global new photovoltaic installed capacity may reach 560-570 GW in 2025. The bank pointed out that due to leading technologies, lower costs, and advantages in funding and customers, first-tier manufacturers' profitability has consistently outperformed the industry average, and they currently still maintain a relative advantage over second-tier manufacturers.
GCL TECH (3800.HK): The granular silicon technology is further optimized, and the recovery of the Industry is expected to improve performance.
The company's cash cost for granular silicon has further declined. According to the company's announcement, it has currently exited the production and investment of Siemens polysilicon, focusing on the production development of granular silicon. In the fourth quarter of 2024, the output of granular silicon reached 0.0709 million tons, shipments.
Hong Kong Market Quick View | Hong Kong stocks pulled back, the tech index fell over 2%, while KINGDEE INT'L and SUNNY OPTICAL rose more than 3% against the trend.
Network Technology stocks fell, with KUAISHOU-W down 3.88% and SENSORY TECH down 3.39%; most Digital Health stocks declined, with DINGDANG HEALTH down 7.69% and JD HEALTH down 6.01%; multiple Photovoltaic Power stocks also dropped, with XINYI SOLAR down 7.18% and GCL TECH down 6.30%.