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Hong Kong, China Solar-Energy Stocks Soar on Demand, Policy Optimism

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.

China
Xinyi
Anhui
Tongwei
Guangdong
Hong-kong
Chinese
Yifan-wang
Xinyi-solar-holdings-ltd
Tongwei-co
Dow-jones-company-inc
Longi-green-energy-technology-co

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