HK Stock Market Move | Partial photovoltaic stocks are rising. Hainan Drinda New Energy Technology (02865) surged more than 10%, while XINYI SOLAR (00968) rose more than 6%.

Some photovoltaic stocks rose, as of the press release, Hainan Drinda New Energy Technology (02865) rose by 10.06% to HKD 38.74; XINYI SOLAR (00968) rose by 5.71% to HKD 3.52; SOLARGIGA (00757) rose by 6.02% to HKD 0.088; FLAT GLASS (06865) rose by 4.37% to HKD 9.8. On the news front, there is follow-up to the rumor of Tesla "sweeping" Chinese photovoltaics. On March 20th, there was a market rumor that the Tesla team is planning to purchase a large-scale of Chinese photovoltaic equipment involving several listed companies. According to Beike Finance, on the morning of March 20th, a photovoltaic company confirmed the above news to reporters and revealed that the contract size is in the gigawatt level. Musk had stated in January that CECEP Solar Energy can meet all electricity demands in the United States, including the growing demand from data centers.