HK Stock Market Move | Partial photovoltaic stocks rise, XINTE ENERGY (01799) jumps over 5%. The Market Supervision Bureau issues guidance on price competition order compliance in the photovoltaic industry.

Some photovoltaic stocks rose, as of the time of publication, GCL NEWENERGY (00451) was up 6.76% at HK$0.79; XINTE ENERGY (01799) was up 5.22% at HK$7.66; GCL TECH (03800) was up 2.75% at HK$1.12; XINYI SOLAR (00968) was up 1.32% at HK$3.06. On the news front, the State Administration for Market Regulation recently conducted a price competition order compliance guidance in the photovoltaic industry in Hefei, Anhui. The State Administration for Market Regulation will strictly crack down on illegal activities through increased supervision on product quality, strengthened price and anti-unfair competition law enforcement, effectively maintaining market fair competition order, and promoting the standardized and healthy sustainable development of the photovoltaic industry. Huafu Securities believes that this move aims to crack down on illegal activities such as price collusion in the short term, and maintain a fair order; in the long term, it aims to guide the industry to shift from homogeneous low-price competition to a healthy development trajectory of technological innovation and high-quality pricing. This creates a more favorable environment for leading enterprises with technological and cost advantages, and resonates with the recent market behavior of silicon companies supporting price increases. The rules of industry competition are being reshaped, and high-quality development has become a clear direction.