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<Research>Daiwa Negative on CN PV Industry, Reiterates Underperform for FLAT GLASS/ XINYI SOLAR
The average price of 3.2mm PV glass has fallen for eight consecutive weeks, while the average price of 2mm PV glass has remained flat, according to Daiwa's research report.The ...
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<Research>Daiwa Negative on CN PV Industry, Reiterates Underperform for FLAT GLASS/ XINYI SOLAR
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STOCK INFO

The average price of 3.2mm PV glass has fallen for eight consecutive weeks, while the average price of 2mm PV glass has remained flat, according to Daiwa's research report.

The average inventory days for the PV glass industry rose by 6.8% WoW to 34.62 days, representing the 12th consecutive week of increase since April 10 and weakening demand.

Related NewsCLSA: Solar Sector Sentiment Continues to Improve; GCL TECH/ FLAT GLASS/ XINYI SOLAR (00968.HK) Favored
Daiwa reiterated an Underperform rating for FLAT GLASS (06865.HK)  -0.390 (-3.877%)    Short selling $15.71M; Ratio 15.080%   and XINYI SOLAR (00968.HK)  -0.120 (-4.167%)    Short selling $115.53M; Ratio 32.109%   . It also adopted a negative outlook on China's PV industry.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-07 16:25.)

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