On June 4, Junda Shares declined 5.5% in regular trading, trading at HK$30.72/share with a trading volume of HK$34.52 million, reversing the previous session's rebound driven by SpaceX super factory news.
On the news front, the photovoltaic sector continues to face a convergence of three major headwinds: downstream capital expenditure contraction, equipment manufacturers' earnings misses, and the termination of major overseas orders. The entire PV industry chain remains in sustained losses, with all leading module companies reporting continued losses in Q1. Enterprises have sharply cut capital investments, and equipment procurement demand continues to shrink, placing direct pressure on cell manufacturers like Junda Shares. The company had previously stated that its space photovoltaic technology remains at the experimental verification stage with no revenue or profit generated. Following a cumulative rally of approximately 40% catalyzed by SpaceX IPO expectations, profit-taking pressure combined with industry-wide headwinds has driven renewed selling, with the brief technical rebound failing to hold.
(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.)
Comments