Stock Track | Canadian Solar Surges as US Considers Revoking China Solar Duties

Stock Track

Oct 23, 2024

Shares of Canadian Solar Inc. (CSIQ) soared over 7% on Tuesday, lifted by news that the US Department of Commerce is considering partially revoking anti-dumping and countervailing duties on crystalline silicon photovoltaic products from China.

The potential move to ease trade restrictions on Chinese solar panel imports boosted investor sentiment toward Canadian Solar and other US-listed Chinese solar companies. Canadian Solar and its industry peers have long contended that the duties imposed by the previous US administration unfairly hampered their ability to compete in the critical American market.

In addition to the positive trade developments, Canadian Solar's stock was also supported by bullish options activity, with implied volatility rising over 2 points to 80.16% amid elevated call buying. The higher-than-normal call volume suggests traders were positioning for further upside in the shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Easy breezy. No more feesies.","description":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","keywords":"Tiger Brokers,U.S. stock trading,Hong Kong stock trading,trading U.S. stocks,stock information,stock prices,U.S. stock quotes,U.S. stock trading,Hong Kong stock trading,IPO trading,buying U.S. stocks,global investment","social":{"ogDescription":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1198247796"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"NZL","license":"TBKIWI","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1198247796\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1198247796?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-23 17:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1198247796","market":"us","top_or_hot":-1,"title":"Stock Track | Canadian Solar Surges as US Considers Revoking China Solar Duties","media":"Stock Track","content":"<p>Shares of Canadian Solar Inc. (CSIQ) soared over 7% on Tuesday, lifted by news that the US Department of Commerce is considering partially revoking anti-dumping and countervailing duties on crystalline silicon photovoltaic products from China.</p>\n\n<p>The potential move to ease trade restrictions on Chinese solar panel imports boosted investor sentiment toward Canadian Solar and other US-listed Chinese solar companies. Canadian Solar and its industry peers have long contended that the duties imposed by the previous US administration unfairly hampered their ability to compete in the critical American market.</p>\n\n<p>In addition to the positive trade developments, Canadian Solar's stock was also supported by bullish options activity, with implied volatility rising over 2 points to 80.16% amid elevated call buying. The higher-than-normal call volume suggests traders were positioning for further upside in the shares.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Canadian Solar Surges as US Considers Revoking China Solar Duties</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Canadian Solar Surges as US Considers Revoking China Solar Duties\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-10-23 17:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Canadian Solar Inc. (CSIQ) soared over 7% on Tuesday, lifted by news that the US Department of Commerce is considering partially revoking anti-dumping and countervailing duties on crystalline silicon photovoltaic products from China.</p>\n\n<p>The potential move to ease trade restrictions on Chinese solar panel imports boosted investor sentiment toward Canadian Solar and other US-listed Chinese solar companies. Canadian Solar and its industry peers have long contended that the duties imposed by the previous US administration unfairly hampered their ability to compete in the critical American market.</p>\n\n<p>In addition to the positive trade developments, Canadian Solar's stock was also supported by bullish options activity, with implied volatility rising over 2 points to 80.16% amid elevated call buying. The higher-than-normal call volume suggests traders were positioning for further upside in the shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CSIQ","symbol_name":"阿特斯太阳能","start_time":0,"source_url":"","article_id":"1198247796","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1198247796","pubTimestamp":1729674041,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Canadian Solar Inc.  soared over 7% on Tuesday, lifted by news that the US Department of Commerce is considering partially revoking anti-dumping and countervailing duties on crystalline silicon photovoltaic products from China.The potential move to ease trade restrictions on Chinese solar panel imports boosted investor sentiment toward Canadian Solar and other US-listed Chinese solar companies. Canadian Solar and its industry peers have long contended that the duties imposed by the pre","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CSIQ":"阿特斯太阳能"},"translate_title":"美国考虑取消对华太阳能关税，阿特斯阳光电力股价飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSIQ":1},"content_text":"Shares of Canadian Solar Inc. (CSIQ) soared over 7% on Tuesday, lifted by news that the US Department of Commerce is considering partially revoking anti-dumping and countervailing duties on crystalline silicon photovoltaic products from China.\nThe potential move to ease trade restrictions on Chinese solar panel imports boosted investor sentiment toward Canadian Solar and other US-listed Chinese solar companies. Canadian Solar and its industry peers have long contended that the duties imposed by the previous US administration unfairly hampered their ability to compete in the critical American market.\nIn addition to the positive trade developments, Canadian Solar's stock was also supported by bullish options activity, with implied volatility rising over 2 points to 80.16% amid elevated call buying. The higher-than-normal call volume suggests traders were positioning for further upside in the shares.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}