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| HSI1 | 25,628.88 | -347.91 | 204.29B |
| HSCEI1 | 8,917.70 | -161.65 | 81.86B |
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2025-12-12 11:21:36 China's polysilicon industry is promoting anti-involution. Beijing Guanghe Qiancheng Technology Co., Ltd. was recently officially registered, viewed externally as a platform for polysilicon output consolidation and acquisition. GCL TECH (03800.HK) holds approx. 16.79% stake in the joint venture, making it the second-largest shareholder, Citi Research issued a research report saying. However, Citi Research still believed that, if production capacity is successfully consolidated, polysilicon prices are expected to rise, and GCL TECH could benefit from margin expansion, with earnings growth achievable even at a 50% capacity utilization rate. Therefore, the broker rated GCL TECH at Buy/ High Risk, with a target price of $1.72. ~ AASTOCKS Financial News Website: www.aastocks.com | |