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GCL TECH Tumbles 5%+ on Worry of Tariff Hike after Trump's Win
As Donald Trump values traditional energy industries, such as fossil fuels, it is believed that the US solar energy tax breaks and incentives may not be extended after he takes off...
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GCL TECH Tumbles 5%+ on Worry of Tariff Hike after Trump's Win
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As Donald Trump values traditional energy industries, such as fossil fuels, it is believed that the US solar energy tax breaks and incentives may not be extended after he takes office, and there is a possibility that tariffs will be raised.

HK-listed photovoltaic stocks were squeezed today (7th), with GCL TECH (03800.HK)  -0.090 (-5.882%)    Short selling $111.78M; Ratio 15.864%   opening 2.4% lower. With the decline aggravating, the stock bottomed at $1.52. It last traded at $1.58, down 5.39%, with 148 million shares traded, involving $229 million.

XINYI SOLAR (00968.HK)  -0.140 (-4.118%)    Short selling $79.81M; Ratio 26.197%   last reported at $3.48, down 4.92%. FLAT GLASS (06865.HK)  -0.200 (-1.558%)    Short selling $5.63M; Ratio 3.180%   last tracked at $12.9, down 5.7%. XINTE ENERGY (01799.HK)  -0.270 (-3.061%)    Short selling $2.04M; Ratio 6.373%   last stood at $9.09, down 5.02%. COMTEC SOLAR (00712.HK)  -0.006 (-4.412%)   last printed at $0.138, down 6.12%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 16:25.)

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