News Formal

Chinese Solar Stocks Rally On Rooftop Installation Policy

  • 📰 Forbes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

It was announced that China will embark on a push for establishing solar panels on rooftops. Though details are limited, the Mainland stocks in the solar space ripped on the news. The Biden administration is banning several Chinese manufacturers of monocrystalline silicon and polysilicon...

The Hang Seng Index and Hang Seng TECH Index bounced around the room, gaining +0.23% and +0.24% respectively as volume declined -14% from yesterday to 81% of the 1-year average. The 209 Chinese companies listed in Hong Kong within the MSCI China All Shares Index gained +0.39% led by energy +1.3%, discretionary +0.97%, real estate +0.86%, healthcare +0.52%, and materials +0.25%, while utilities fell -0.75%. Hong Kong’s most heavily traded by value were Meituan, which rose +2.

41%, while communication fell -1.38%, healthcare -1.31%, and discretionary -0.21%. The Mainland’s most heavily traded by value were recently listed Three Gorges Renewables, which fell -8.39%, Longi Green Energy, which rose +5.48%, BYD, which rose +0.65%, Tongwei Co, which rose +9.89%, COSCO Shipping, which fell -1.15%, Luxhsare Precision, which rose +4.06%, Kweichow Moutai, which rose +1.47%, Tianqi Lithium, which rose +0.62%, Chongqing Changan Auto, which fell -1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China must clamp down on its environmentally damaging mining of the rare earth elements.

thanks

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden administration to ban solar components from Chinese company over forced laborThe Biden administration will announce a ban on imports of solar materials from a major Chinese firm accused of using forced labor in the Xinjiang province ok we can buy those if you guys don't want :D Well Biden is doing some good Not FORCED LABOUR - but relatively CHEAP LABOUR, which is why so many USA 🇺🇸 companies have so much of their products made in China 🇨🇳...
Source: politico - 🏆 381. / 59 Read more »

Stocks Hit New Highs As Investors Rally Around Biden Infrastructure Deal And ‘Punchbowl Of Stimulus’“It’s hard not to be bullish about stocks,” given the government’s promise of new spending, says one expert. If they had those faces expressed in the race as public images before Impeachment I'd have let the administration not be impeached to have not seen this view. That's the stupidest thing ever. Not true.
Source: Forbes - 🏆 394. / 53 Read more »