On July 17, Junda Shares (02865.HK) fell 8.11% in regular trading, trading at HKD 15.40/share, with turnover of HKD 45.14 million.
On the news front, the company disclosed its half-year earnings preview on July 14, projecting a net loss attributable to shareholders of RMB 180-270 million for H1, compared with a loss of RMB 264 million in the same period last year. The PV industry remains under pressure from electricity price policy adjustments, declining domestic installations, and overseas trade restrictions, with supply-demand dynamics across the value chain yet to see substantive improvement.
Additionally, the stock surged over 30% on July 10 following the successful controlled recovery of the Long March 10B rocket first stage, but has since entered a multi-day correction. Market participants noted that the company's space perovskite battery remains in the verification stage without scalable supply, while its ground-based PV business continues to face headwinds and commercial aerospace order timelines remain uncertain, amplifying short-term profit-taking pressure.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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