Photovoltaic concept stocks have experienced fluctuations but are trending upward as of March 25. Stocks in this sector have shown positive momentum, with Quartz Co. reaching its daily limit increase, while Sunshine Power has risen by over 8%. Other companies such as Jinlang Technology, Lushan New Materials, Shangneng Electric, and Oujing Technology also saw gains.
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In related news, the State Council has initiated measures to expedite the clearance of overdue payments owed to enterprises and is studying ways to promote high-quality development in agricultural machinery and equipment.
The People’s Bank of China has convened a financial stability meeting to enhance resources such as the deposit insurance fund and financial stability guarantee fund. Additionally, the China Securities Regulatory Commission has announced the implementation of new regulations regarding information disclosure for listed companies starting July 1.
The CSRC also plans to impose a total fine of 1.7 billion yuan on Dongxu Group for securities violations.
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