Ge Long Hui·2025-11-07 02:09Core Viewpoint - The Hong Kong photovoltaic stocks have risen against the trend, with significant gains for leading companies, indicating a positive market sentiment driven by consolidation efforts in the industry [1] Group 1: Stock Performance - Xinyi Solar (00968.HK) increased by 5.15% to HKD 3.880 [2] - Flat Glass Group (06865.HK) rose by 4.38% to HKD 12.640 [2] - GCL Technology (03800.HK) saw a gain of 2.17% to HKD 1.410 [2] - New Energy (01799.HK) experienced a modest increase of 1.53% to HKD 8.600 [2] Group 2: Industry Developments - Major photovoltaic companies are negotiating mergers and acquisitions with smaller firms to eliminate excess capacity in the industry [1] - GCL Group's chairman announced that 17 silicon material companies have agreed to form a consortium, expected to be established by 2025 [1] - The consortium will consist of no more than 10 leading silicon material companies and financial institutions, aiming to create a platform company for acquiring other silicon material companies' capacities [1]