HK Stock Market Move | GCL TECH (03800) rose nearly 4% in the afternoon, and JA Solar is currently one of the top three leading companies in the industry.

GCL TECH (03800) rose nearly 4% in the afternoon, rising 4.55% as of the time of writing to HKD 1.15, with a turnover of HKD 3.11 billion. On the news front, on February 4, there were rumors of Elon Musk's SpaceX team visiting several solar companies in China. The relevant person in charge of the Xinte Group responded to a reporter from Securities Times in the evening, stating that Musk's team visited Xinte Group today to understand Xinte's layout of granular silicon and perovskite business in the United States. BOCOM INTL released a research report stating that the commercial space theme is fermenting recently, and perovskite batteries, with their high energy-to-weight ratio, are expected to become the preferred choice for space photovoltaics, accelerating their development. Xinte Solar, a joint venture company in which GCL TECH holds a 43.65% stake, is one of the top three perovskite leaders in the industry with GW-level production lines already in operation, and will significantly benefit from this. In addition, the EU carbon tariff is expected to switch from a discount to a premium for granular silicon compared to rod-shaped silicon, starting from January 1, 2026.