Changes in Hong Kong stocks | PV stocks weaken again The PV Association confirms the establishment of a storage platform, and the price of photovoltaic glass is still under pressure

The Zhitong Finance App learned that PV stocks have weakened again. As of press release, Xinte Energy (01799) fell 3.96% to HK$7.03; Xinyi Solar (00968) fell 3.33% to HK$2.9; Follett Glass (06865) fell 2.64% to HK$9.57; and Fuyao Glass (03606) was 1.73% to HK$65.2.

According to the news, the Photovoltaic Association confirmed the “Guanghe Qiancheng” company as a production capacity collection and storage platform. Furthermore, there are rumors that in the future, major photovoltaic companies will continue to inject about 30 billion yuan in capital to begin production capacity collection and storage work. Cinda Futures pointed out that after months of market hype, the platform was finally launched. The amount may be quite different from the initial 70 billion yuan, but it also marks the beginning of the PV anti-internal roll process.

TSE Futures, on the other hand, pointed out that the decline in gross margin of the photovoltaic glass industry widened further last week. Currently, gross margin is about -13.56%. Currently, natural gas has begun to implement winter gas prices one after another, and the cost has risen, while the price of photovoltaic glass continues to decline, and the extent of industry losses continues to increase. Overall, due to the obvious shortage of downstream orders, the gap between supply and demand in the industry is large, and short-term photovoltaic glass prices are still under downward pressure.