Stocks in Hong Kong experienced unusual movements, with solar energy stocks collectively falling back. New Energy (01799.HK) dropped by more than 5%. Institutions point out that the elimination of inefficient production capacity is not expected to affect short-term supply and demand.

According to the Securities Times APP, photovoltaic stocks collectively fell back, as of press time, as New Energy (01799.HK) fell 5.35% to HK$4.42; Xinyi Solar (00968.HK) fell 4.05% to HK$2.37; Fuyao Glass (03606) fell 3.56% to HK$52.85; and Folate Glass (06865) fell 2.82% to HK$7.24.