Xinte Energy 1799 HK

Sector : Renewable Energy

Industry : Solar

Polysilicon prices continued to rise with the highest average price of CNY 268,500 per ton, up +0.41% over last week - reported by Silicon Branch of China Nonferrous Metals Industry Association. This is 3rd consecutive week of higher transacted prices. 

Remains bullish on stocks towards HK$25.31

Reason: Strong Financials

             Good earnings

             Good Technical

             Reduce US tariff target

This week traded low is HK$21.30. 

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  • JohnnyYoung
    ·2022-06-15
    I agree with your reasons but don't you think it's a bad time to invest now? We are in economy recession.
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    • Xnihilo
      I see a trend that big US names like Goldman, JPM upgrading Chinese stocks, i suspect S/T hiding place for global funds now while US stocks remain rocky.
      2022-06-16
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    • JohnnyYoungReplying toXnihilo
      But the world economy is connected.
      2022-06-15
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    • Xnihilo
      I‘m bullish on Chinese stocks to outperform US. We may get a down day due to US heavy sell-off but I expect Xinte to rebound when US cool off
      2022-06-15
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  • WendyDelia
    ·2022-06-15
    The Hang Seng TECH Index reaches a pressure, don't do anything now.
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  • Alyssa88
    ·2022-06-15
    Ok
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  • jw123
    ·2022-06-15
    Ok
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  • dino87
    ·2022-06-15
    [Miser]
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  • kelvintwk
    ·2022-06-15
    .
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  • lesing
    ·2022-06-15
    G
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  • Elsa Heng
    ·2022-06-15
    [What]
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  • jacksoncheng
    ·2022-06-15
    很好
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  • happymoney
    ·2022-06-15
    Ok
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