LONGi stock hits limit-up in China solar surge; Musk’s Davos solar talk puts Monday in play
LONGi Green Energy’s Shanghai A-shares surged 10.01% to 19.35 yuan, hitting the daily limit on strong volume ahead of Monday’s open. The rally follows renewed interest in “space solar” after Elon Musk’s Davos comments, despite LONGi forecasting a 2025 net loss of up to 6.5 billion yuan. The sector continues to face low prices, oversupply, and rising costs. Traders await Monday’s auction to gauge momentum.