HK Stock Market Move | Space photovoltaic concept stocks all rise, Tesla is accelerating the promotion of CECEP Solar Energy manufacturing. The demand for space photovoltaics is expected to see exponential growth.

Space photovoltaic concept stocks are all rising, as of the time of writing, Hainan Drinda New Energy Technology (02865) rose by 167.14% to HK$43.5; GCL TECH (03800) rose by 9.01% to HK$1.21; XINTE ENERGY (01799) rose by 6.81% to HK$7.69; FLAT GLASS (06865) rose by 6.15% to HK$11.56. On the news front, Tesla is accelerating the production of CECEP Solar Energy. According to reports, Tesla is evaluating multiple options to expand its photovoltaic production capacity, including increasing the capacity of the Buffalo factory in New York to 10 gigawatts, and building additional factories in New York, Arizona, or Idaho. Musk stated last month that Tesla's goal is to produce 100 gigawatts of CECEP Solar Energy batteries per year, to power data centers on Earth and in space. CITIC SEC research report stated that the demand for space photovoltaics is expected to see exponential growth. Musk's bet on photovoltaic manufacturing is paving the way for orbital computing power and AI. China's leading photovoltaic equipment manufacturers have strong capabilities for efficient iteration and rapid response, and are expected to enter the supply chains for companies like Tesla and SpaceX, securing high-value orders and opening up new growth opportunities. In addition, space photovoltaic equipment may have significant inflation effects, and the value or volume may see a substantial increase.