Understanding the Market | GOLDENSOLAR rose over 6% in early trading as the photovoltaic industry’s regulation of low-price competition shows initial results, and the silicon material energy consumption standards are set to be raised
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GOLDENSOLAR rose over 6% in early trading, and as of the time of writing, it has increased by 6.29%, priced at HKD 1.52. CITIC Securities pointed out that the rectification of low-price competition in the photovoltaic industry has begun to show results, with prices of silicon materials, silicon wafers, and batteries successfully aligning. The silicon material market is concentrated, which is expected to drive industry mergers and reorganizations. Huachuang Securities mentioned that it is revising the comprehensive energy consumption standards for polysilicon unit products to promote the elimination of backward production capacity
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