HK Stock Market Move | Photovoltaic stocks generally rise, with multiple brands increasing module prices by 2 to 5 percentage points. The photovoltaic industry may usher in a rush to install.

PV stocks generally rose, as of press time, FLAT GLASS (06865) rose by 9.08% to 14.18 Hong Kong dollars; XINTE ENERGY (01799) rose by 5.33% to 7.51 Hong Kong dollars; GCL TECH (03800) rose by 4.84% to 1.3 Hong Kong dollars; XINYI SOLAR (00968) rose by 4.39% to 3.57 Hong Kong dollars. On the news front, according to Financial Associated Press, it was reported that prices of photovoltaic modules from major brands have recently increased by 2 to 5 cents per watt. A senior official from a leading module manufacturer stated that the company has recently adjusted prices; under the influence of the rush to install new policies, the company has increased module production recently. At the same time, industry self-discipline is gradually taking effect, and the market adjustment mechanism is gradually returning to rationality. Another module manufacturer stated that the recent slight price increase is mainly due to temporary supply shortages, and the long-term price trend is still being observed. On February 9, the National Development and Reform Commission and the National Energy Administration issued a notice on deepening the market-oriented reform of the feed-in tariff for new energy and promoting the high-quality development of new energy. According to the notice, for incremental projects to be commissioned on and after June 1, 2025, the scale of electricity included in the mechanism will be dynamically adjusted based on the completion of local new energy development targets set by the state, and the mechanism electricity price will be determined by each region through market bidding. Analysts believe that in the long term, market-oriented electricity prices will lead to lower internal rates of return for individual projects. This policy will slow down the growth of CECEP Solar Energy's installed capacity in the future, but is expected to promote more sustainable and stable industry growth. In the short term, the policy is expected to drive an installation boom before June 1 this year. The analyst believes that CECEP Solar Energy's glass and polycrystalline silicon segments will benefit from the installation boom in the short term.