Chinese Solar Stocks Surge; Industry Turnaround Still Unclear

The rally looks sentiment-driven rather than fundamentals-driven: analysts flag narrowing losses and stabilizing polysilicon prices, but the supply-demand inflection point is explicitly not yet clear. That split matters because profit recovery is concentrated in high-efficiency products like BC cells, leaving the broader Chinese solar supply chain — and the polysilicon pricing that anchors it — still searching for a durable bottom. The open question is whether European and US demand expectations translate into orders, or remain a narrative supporting a limit-up session.