HK Stock Market Move | Photovoltaic stocks lead the gains, four ministries hold a photovoltaic symposium to deploy related work on regulating the competition order in the photovoltaic industry.

Photovoltaic stocks lead the way, as of the time of publication, CONCORD NE (00182) rose 5.26%, to 0.3 Hong Kong dollars; FLAT GLASS (06865) rose 3.78%, to 9.89 Hong Kong dollars; Fuyao Glass Industry Group (03606) rose 2.71%, to 64.35 Hong Kong dollars; Hainan Drinda New Energy Technology (02865) rose 1.68%, to 32.66 Hong Kong dollars. In terms of news, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the State Administration for Market Regulation, the National Energy Administration and other departments jointly held a symposium on the photovoltaic industry on April 17, deploying work related to regulating the competitive order of the photovoltaic industry. The meeting emphasized the deep implementation of the work deployment of the Party Central Committee and the State Council on regulating the competitive order of the photovoltaic industry, the importance and urgency of addressing "internal competition", and solidly promoting the "anti-internal competition" work in the photovoltaic industry. Industrial points out that by 2026, policies in overseas markets such as the UK and Australia will continue to intensify, combined with fluctuations in the geopolitical situation in the Middle East, the global energy security demands have significantly increased, and there may be further upward revisions in residential, commercial, and industrial energy storage demand. The China Photovoltaic Industry Association is leading the preparation of photovoltaic manufacturing cost determination standards, covering the entire industry chain and unifying calculation methods, in order to curb disorderly bidding, unravel industry internal competition, and guide the healthy development of the industry.