Xinte Energy 1799 HK Sector :

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Xnihilo
2022-06-15

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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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This is 3rd consecutive&nbsp;week of higher transacted prices.&nbsp;Remains bullish on stocks towards HK$25.31Reason: Strong Financials&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Good earnings&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Good Technical&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Reduce US tariff targetThis week traded low&nbsp;is HK$21.30.&nbsp;</body></html>","htmlText":"<html><head></head><body>Xinte Energy 1799 HKSector : Renewable EnergyIndustry : SolarPolysilicon 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. 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