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XINYI SOLAR Leaps 7%+ as Reports Say CN PV Modules Facing Another Shortage & Price Hike
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Several leading photovoltaic (PV) module distributors have revealed that top-tier module manufacturers in China are now quoting external prices as high as RMB0.7/W, and there is even a shortage of supply, according to Chinese media outlet The Economic Observer. The models in short supply are mainly concentrated in the large-format 710W modules. PV stocks rallied today. GCL TECH (03800.HK), XINTE ENERGY (01799.HK), and XINYI SOLAR (00968.HK) surged by over 7% at midday. FLAT GLASS (06865.HK) also increased by 5.7%. AAStocks Financial News |
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