HK Stock Market Move | XINYI SOLAR (00968) fell over 7% as the company's performance in the first half of the year came under pressure and it was removed from the MSCI China Index.

XINYI SOLAR (00968) fell more than 7%. As of the time of writing, it had dropped 7.2% to HKD 2.23, with a trading volume of HKD 193 million. In news, on August 12, MSCI announced the results of its index review for the MSCI stock index for August 2026. In this adjustment, 32 stocks, including XINYI SOLAR, were removed from the MSCI China Index, and the changes will take effect after market close on August 31. The recently released interim results for XINYI SOLAR for the first half of 2026 show revenues of approximately HKD 8.43 billion, a decrease of 22.9% year-on-year; net profit attributable to shareholders was HKD 39 million, down 94.8% year-on-year. The companys significant decline in performance was mainly due to a slowdown in domestic photovoltaic installation demand and a sharp drop in the prices of upstream photovoltaic glass products.