Shares of Daqo New Energy Corp (DQ), a leading Chinese manufacturer of silicon materials for solar photovoltaic products, surged over 17% in pre-market trading on Tuesday. The sharp rally came after the US Department of Commerce signaled that it is considering revoking anti-dumping and countervailing duty orders imposed on crystalline silicon photovoltaic products imported from China.
The potential removal of these trade duties could significantly boost Daqo New's export opportunities to the lucrative US solar market. Several other major Chinese solar companies, including JinkoSolar and Canadian Solar, also saw their stocks climb higher on the news, reflecting the broader positive impact on the global solar industry.
Analysts view this development as favorable for the solar sector, which has faced supply chain constraints and high costs due to the trade duties. A revocation could potentially lower prices for US solar projects and accelerate the country's transition to renewable energy sources.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。