Company
Xinyi Solar Holdings Limited is an investment holding company principally engaged in the manufacturing and sale of solar glass. Along with subsidiaries, the Company operates its business through three segments. The Sales of Solar Glass segment is involved in the production and sale of solar glass products. The solar glass products include ultra-clear processed glass (PV) raw glass, as well as other PV processed.
Provided by Dow Jones By Yifan Wang Hong Kong and China-listed solar-energy stocks rose sharply on Wednesday, extending the sector s momentum as investors bet on strong demand and favorable policies. Hong Kong-listed Flat Glass Group Co., one of the world s largest solar glass makers, jumped as much as 18%, while its peer Xinyi Solar Holdings Ltd. rose up to 9.3%. Both stocks have more than tripled so far this year. In the Chinese market, polysilicon suppliers led the sector s advance. Tongwei Co. shares rose up to 9.4% and LONGi Green Energy Technology Co. added as much as 6.4% to hit a new record. The upbeat trend came after Chinese authorities last week issued a draft regulation that would allow solar glass manufacturers to increase capacity free of restrictions.