GCL TECH Falls 6% Further as A-/H-Shares in PV Sector Decline; Polysilicon Industry Capacity Acquisition Platform Reportedly Yet to Launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2025
0mins
Source: aastocks
Market Downtrend: The PV sector's H- and A-shares experienced a decline on November 11, with GCL TECH dropping 6.19% and other companies like FLAT GLASS and XINYI SOLAR also seeing losses.
Short Selling Activity: Significant short selling was reported across various companies in the sector, with GCL TECH having a short selling ratio of 19.286% and XINYI SOLAR at 35.836%.
Negative Industry Outlook: Daiwa has expressed a negative view on the Chinese solar industry, suggesting that the market is overly optimistic about profitability.
Polysilicon Industry Developments: Reports indicate that Beijing Guanghe Qiancheng Technology Co., Ltd. is being positioned as a polysilicon capacity integration platform, but it has not yet begun operations.
Analyst Views on 00968
Wall Street analysts forecast 00968 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00968 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 3.160
Low
Averages
High
Current: 3.160
Low
Averages
High
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.
