MS-GCL @EC2604A

CNOOC Solar 拟 issue HKD1.17 billion convertible bonds

DBS downgrades GCL Technology's rating to hold

DBS Downgrades GCL Technology to Hold from Buy

JPMorgan expects policy-driven consolidation in solar industry in 2026, gives 增持 ratings to GCL Technology and 大全新能源

Agricultural Bank of China sees largest increase in holding volume, Southern Hang Seng Tech sees largest percentage increase in holdings

Fitch Rates GCL Technology Holdings' ESG Grade as 2

GCL Technology Holds Stake in Guanghe Qiancheng, Seen as Polysilicon Industry Integration Platform

JPMorgan Maintains Overweight Rating on GCL Technology with Positive Outlook on Future Profitability

Equity Structure of Guanghe Qiancheng Revealed, Exploring Collaborative Opportunities in Polysilicon Industry

GCL Technology Establishes Partnership to Acquire Shares in Inner Mongolia Xin Yuan Silicon Materials

GCL Technology Completes 1.353 Billion Share Subscription Exercise

Significant Increase in Hua Tian International Holdings Shares, Significant Decrease in GCL Technology Holdings Shares

GCL Technology Achieves Profitability Turnaround in Photovoltaic Materials Business

Stock Increase in Hantang International Construction: 356 Million Shares

GCL Technology Completes Issuance of 1.353 Billion Shares

HSX Connect and SZX Connect Holding Records Show Largest Increase for HSFE Fund, Largest Decrease for GCL Technology

HKEX Disclosure Easy Shows Agricultural Bank of China's Holding Increase the Most

Northeast Securities First Coverage of GCL Technology with Buy Rating and Target Price

HKEX Discloses Holding Records of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect: GCL Tech Sees Largest Increase in Shares Held, Weimob Sees Largest Increase in Holding Ratio

Guosen Securities Predicts a Significant Profit Increase for GCL Technology in 2025Q3

TIMES UNI GP

CENTURY GINWA

STARGLORY HLDGS

RIDGE OUTDOOR

SYNAGISTICS

PROSP INV HOLD

HING LEE (HK)

ELEGANCEOPTICAL

CH ENV TECH&BIO

SHANGHAI QINGPU

562550

03899

03800

01038

588830

600312

HSBC's research report points out that the market in the Year of the Horse will focus on five major themes: solar energy and hydrogen energy, the 14th Five-Year Plan, power grids, and green fuels. Defensive industries still hold value, and nuclear energy is worth attention. The report mentions that specific equipment manufacturers in the solar energy supply chain and hydrogen producers will benefit from new demand. The target price for CIMC ENRIC has been raised to HKD 12.5, maintaining a "Buy" rating, while GCL TECH, HPEC, and CKI HOLDINGS have also been given "Buy" ratings

AASTOCKS

ChinaAMC Green Electricity ETF

CIMC ENRIC

GCL TECH

CKI HOLDINGS

Penghua SSE STAR New Energy ETF

HPEC

HSBC Research: Stock Selection in the Year of the Horse Focuses on Five Major Themes, Urges Buy on CIMC ENRIC, GCL TECH, CKI HOLDINGS, etc

00451

002506

Chinese energy company GCL is advancing the Knjaževac solar power plant project in eastern Serbia, one of the largest in the country. The Municipal Council has initiated a detailed regulation plan, with public discussions held in early February. Central Europe Energy Company, primarily owned by GCL, has signed a grid connection contract for the plant, which will have a capacity of 136 MW and an estimated investment of EUR 200 million. The plan will cover 267 hectares and is expected to be completed within 12 months, including a strategic environmental assessment.

Blank Green ENERGY NEWS

GCL NEWENERGY

GCLSI

Chinese GCL takes another step in solar power project in Serbia

688223

Elon Musk's SpaceX is exploring partnerships with Chinese solar suppliers for space-based data centers powered by solar energy, sparking a surge in solar stock prices. Companies like Jinko Solar and GCL Technology have acknowledged discussions, but analysts caution against overhyping the technology, which is still in early stages. Musk envisions significant solar panel production and satellite deployment, while China's solar capacity continues to grow. However, experts predict that demand for space-based photovoltaics may not materialize until after 2030, emphasizing the need for reliable manufacturing and technology maturation.

南华早报

Jinkosolar

Jinko Solar

How Elon Musk’s space-based AI vision sparked a Chinese solar stock frenzy

00968

Chinese solar panel maker GCL Group reported that a delegation led by Elon Musk visited the company, as per Chinese state media. This visit follows Musk's announcement of plans to establish large-scale solar cell production in the U.S., which has positively impacted shares of Chinese solar firms. During the visit, Musk's team was informed about GCL's granular silicon technology and its perovskite business strategy in the U.S.

- Chinese solar panel manufacturer GCL-Poly has reported a visit from a delegation led by Elon Musk, according to the Securities Times.  
- The visit comes shortly after Musk announced plans for large-scale solar cell production in the United States, boosting the stock prices of Chinese solar companies.  
- An official from GCL-Poly stated that Musk's team learned about the company's granular silicon technology and its perovskite business layout in the U.S.

Reuters

XINYI SOLAR

GCL says Musk's delegation visited company, Chinese state media reports

GCL TECH (3800.HK) stock price has recently entered a low-level narrow fluctuation pattern, with insufficient mainline capital inflow and decreasing trading volume day by day. The daily K-line combination is mainly characterized by small upward and downward consolidations, with no obvious collective movements yet. On the technical side, the MACD continues to show a death cross, with green bars gradually shortening, but there are still no clear signs of recovery. Currently, the short-term 5-day moving average and 10-day moving average have crossed downward, continuing the bearish trend. 

In terms of fundamentals, GCL TECH's main business is silicon material production, which is affected by upstream price fluctuations and industry cycle fluctuations. Recently, the price of silicon materials has retreated, leading to a slowdown in the performance growth of upstream and downstream enterprises. Although national policies continue to support the development of new energy, short-term industry fluctuations have a certain suppressive effect on the company's valuation and performance. Coupled with the recent tightening of liquidity in the Hong Kong stock market, capital rotation in the new energy sector has been frequent, with the main players tending towards defensive and diversified allocations.

From a technical analysis perspective, GCL TECH is currently close to the important support level of HKD 1.35-1.45, and it is necessary to observe whether the intraday trading volume gradually warms up. If capital shows strength during intraday fluctuations and breaks through the resistance level of HKD 1.5 with volume, a phase rebound is expected, which could repair the short-term weak pattern. If the support is lost, the bearish dominance will test lower ranges. 

In summary, GCL TECH still needs to wait for intraday fluctuations and clear statements from main capital before participating. Investors are advised to closely monitor trading volume and industry news, and to operate cautiously to prevent risks

Technical Forecast

Morning Trend | GCL TECH consolidates with reduced volume, will the pressure support welcome new direction?

MS-GCL @EC2604A(18744.HK)

HSBC Research: Stock Selection in the Year of the Horse Focuses on Five Major Themes, Urges Buy on CIMC ENRIC, GCL TECH, CKI HOLDINGS, etc

Chinese GCL takes another step in solar power project in Serbia

How Elon Musk’s space-based AI vision sparked a Chinese solar stock frenzy

GCL says Musk's delegation visited company, Chinese state media reports

Morning Trend | GCL TECH consolidates with reduced volume, will the pressure support welcome new direction?