Group 1 - The photovoltaic sector in Hong Kong is experiencing a downturn, with companies like Xiexin Technology and New Special Energy dropping over 4%, and others like Sunshine Energy and Fuyao Glass declining over 3% [1][2] - According to a report from CICC, the photovoltaic industry has seen some relief in operational pressure after a rush for installations in the first half of the year and price stabilization in the third quarter, but debt pressure remains significant and supply-demand relationships have not improved noticeably [1] - The necessity for "anti-involution" remains, with efforts from various ministries, associations, and enterprises leading to clearer "anti-involution" plans in certain areas, despite ongoing challenges [1] Group 2 - September is identified as a critical time for the implementation of "anti-involution" policies, which aim to prevent sales below cost price, potentially helping the industry restore its beta to breakeven [1] - The cost curve and differences in products and markets are seen as sources of alpha that can assist companies in achieving profitability [1]
港股异动丨光伏股逆势走低 新特能源跌超4% 阳光能源跌超3%