HK Stock Market Move | Photovoltaic stocks collectively fell lens technology (06613) fell nearly 6% in intraday trading XINYI SOLAR (00968) fell more than 4%

Photovoltaic stocks collectively fell, as of press time, Lens Technology (06613) fell by 4.72% to 21.4 Hong Kong dollars; XINYI SOLAR (00968) fell by 4.9% to 2.72 Hong Kong dollars; XINTE ENERGY (01799) fell by 2.59% to 5.64 Hong Kong dollars; FLAT GLASS (06865) fell by 2.35% to 7.88 Hong Kong dollars. On the news front, the National Energy Administration announced the construction of photovoltaic power generation in the first quarter of 2026, with an additional grid-connected capacity of 41.189 million kilowatts in the first quarter of 2026; of which centralized photovoltaic power plants were 19.619 million kilowatts, and distributed photovoltaic power plants were 21.57 million kilowatts. Dongzheng Futures stated that with the continuous imbalance of supply and demand in the photovoltaic glass market, the current price level has significantly breached the industry's average cash cost line, with most companies experiencing deep losses. The current industry gross profit margin is approximately -59.06%. Overall, if supply and demand rebalancing is not achieved soon, the pace of price declines may accelerate, thereby forcing high-cost production capacity to clear out more quickly, inevitably leading to industry consolidation.