Photovoltaic firms shine as EC ends sales curbs

Latest move to help boost Chinese exports to EU, reduce product prices

Shares of photovoltaic firms rallied sharply in Hong Kong on Monday, in response to the European Commission's ending of restrictions on sales of solar panels from China starting from midnight.

GCL-Poly Energy Holdings Ltd rose 11.32 percent to 59 HK cents (8 US cents), while Xinyi Solar and Flat Glass Group Co Ltd surged by 3.85 percent to HK$2.43, and 4.03 percent to HK$1.29 respectively.