Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BOCOMI: Intensive Policy Signals Favor CN PV Industry; Top Picks XINYI SOLAR/ FLAT GLASS
Recommend 40 Positive 68 Negative 27 |
||||
|
||||
|
The sixth meeting of China's Central Financial and Economic Affairs Commission was held on July 1, which emphasized the need to regulate disorderly competition among enterprises in accordance with the law and to promote the orderly exit of outdated production capacity, according to BOCOMI's research report. In BOCOMI's opinion, the measures proposed this time are more targeted with stronger operability and practical effectiveness. These intensive policy signals have reflected the Chinese government's heightened attention to the current challenges facing the PV industry. With a deep understanding of the root causes of the issues and a determination to resolve them, the government is expected to roll out targeted and substantive policies to bring a turning point for the supply side of the PV sector. Upbeat about a turnaround opportunity for leading PV manufacturers, BOCOMI named PV glass leaders XINYI SOLAR (00968.HK) and FLAT GLASS (06865.HK), as well as polysilicon leader GCL TECH (03800.HK) as its top picks. All of them were rated Buy. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
