The Zhitong Finance App learned that Xinyi Solar (00968) fell by more than 7%. As of press release, it was down 7.2% to HK$2.23, with a turnover of HK$193 million.
According to the news, on August 12, MSCI announced the results of the review of the MSCI Stock Index for August 2026. In this adjustment, 32 stocks, including Xinyi Solar, were excluded from the MSCI China Index. The adjustments will take effect after the market closes on August 31.
According to the 2026 interim results recently announced by Xinyi Solar Energy, the first half of the year achieved revenue of about 8.43 billion yuan, a year-on-year decrease of 22.9%; net profit to mother was 39 million yuan, a decrease of 94.8% year-on-year. The company's performance declined sharply, mainly due to a slowdown in domestic demand for PV installed equipment and a sharp drop in the price of upstream photovoltaic glass products.