6 Chinese Photovoltaic Leaders and CPIA Called for Discussions, Restricted from Reaching Agreements on Production, Pricing, and More
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: aastocks
Meeting Overview: The State Administration for Market Regulation (SAMR) summoned key players in the photovoltaic industry, including the China Photovoltaic Industry Association and major companies like Tongwei Group and GCL TECH, to discuss monopoly risks and rectification requirements.
Regulatory Instructions: The SAMR prohibited the companies from coordinating on production capacity, sales volumes, and pricing, emphasizing the need to avoid market segmentation and any form of collusion regarding operational information.
Analyst Views on 01799
Wall Street analysts forecast 01799 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01799 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 7.360
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Current: 7.360
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
