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Photovoltaic sector is experiencing a surge. JA Technology and other stocks have hit their daily limits. Has the bottom of the industry been reached?
The latest research report from Sichuan Cai Securities believes that the resonance of domestic and foreign demand coupled with the situation in the Red Sea has pushed up freight rates, and the demand side has improved significantly. Some production capacity is delayed or withdrawn, which is expected to accelerate the supply side clearing. The bottom trend of the industry is obvious, and the current stock price has over-reflected pessimistic expectations. With subsequent demand growth and supply optimization, the photovoltaic sector is expected to usher in long-term growth.
2023/12/29
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