On June 8, Junda Co. (02865.HK) fell 5.78% in regular trading, trading at HKD 28.54 per share, with trading volume of HKD 93.4 million.
On the news front, the photovoltaic sector has been hit by a triple headwind of downstream capital expenditure contraction, equipment makers posting sharp earnings misses, and termination of major overseas orders. The entire PV value chain remains in continuous losses, with all leading module companies reporting sustained losses in Q1, leaving industry fundamentals in a persistently weak pattern.
Previously, Junda's stock had rallied approximately 40% cumulatively, driven by SpaceX's announcement of a super factory construction and heightened IPO expectations ahead of a planned June 12 Nasdaq listing targeting USD 75 billion in fundraising. With those catalysts now largely priced in, short-term profit-taking pressure has intensified. Although the company has advanced space PV deployment through its subsidiary Jietai Aerospace, completing in-orbit verification of flexible heterojunction cells, this business has yet to generate meaningful revenue and cannot offset core business losses, triggering renewed selling 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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