摩根士丹利：中国光伏业-关于近期股价上涨的我们的思考
2025-07-14 00:36
July 9, 2025 01:56 AM GMT China Solar | Asia Pacific Our thoughts on the recent share price rally The central government has escalated its attention to disorderly competition in the solar industry. However, we see uncertainties in implementing supply-side reform on the solar industry. Key Takeaways We see execution risks: weak demand, market participants dominated by private firms, and local government resistance. Industry View Attractive Chinese solar stocks – especially polysilicon players (Tongwei, Daqo, ...