US Stock Market Move | Daqo New Energy Corp Sponsored ADR (DQ.US) surged by nearly 17%, Citigroup initiates coverage with a "buy" rating and a target price of $27.

22/07/2025

On Tuesday, Daqo New Energy Corp (DQ.US) surged nearly 17%, closing at $24.64.

On Tuesday, Daqo New Energy Corp Sponsored ADR (DQ.US) surged nearly 17%, closing at $24.64. Zhongjin recently released a research report stating that as July approaches, silicon material prices have been on the rise for multiple trading days, with the current average price range increasing to 40-50 yuan/kg, a high increase of 25-35%. The recent increase in attention to "anti-circular" in the photovoltaic sector by the country has led to a consideration of the relatively deep supply and demand contradictions in the silicon material sector, the relatively steep cost curve, and its position at the top of the photovoltaic industry chain. Therefore, the turning point of "anti-circular" in the photovoltaic sector may first be reflected in the silicon material sector. Citi analyst Air Ma initiated Daqo New Energy Corp Sponsored ADR with a "buy" rating and a target price of $27.

In the first half of the year, GHPC (01847) signed new sales contracts worth approximately 1.38 billion yuan, representing a year-on-year increase of about 62.2%.

On July 22nd, MNSO (09896) spent approximately $242,100 to repurchase 55,200 shares.

ZYLOXTB (02190) announces that the expected net profit attributable to shareholders of the company for the first half of the year will exceed 115 million yuan, an increase of approximately 66.9% compared to the same period last year.

In the first half of the year, GHPC (01847) signed new sales contracts worth approximately 1.38 billion yuan, representing a year-on-year increase of about 62.2%.

On July 22nd, MNSO (09896) spent approximately $242,100 to repurchase 55,200 shares.