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Chinese Renewables Stocks Extend Surge After Democratic Sweep

Bloomberg Markets Thursday 05 November 2026, 02:55 UTC By Bloomberg News 1 min read
Key Points

Chinese Renewables Stocks Extend Surge After Democratic Sweep Chinese renewables stocks extended a dramatic rally after the Democratic sweep in the midterm elections was viewed as favorable for the industry even as US tariffs remain in place. The surge was broad-based, with most solar, battery storage and wind stocks making gains. Solar equipment maker Suzhou Maxwell Technologies Co. jumped as much as 20% following a 17% advance on Wednesday.

Chinese Renewables Stocks Extend Surge After Democratic Sweep Chinese renewables stocks extended a dramatic rally after the Democratic sweep in the midterm elections was viewed as favorable for the industry even as US tariffs remain in place. The surge was broad-based, with most solar, battery storage and wind stocks making gains. Solar equipment maker Suzhou Maxwell Technologies Co. jumped as much as 20% following a 17% advance on Wednesday. CSI Solar Co., affiliated with US-listed Canadian Solar Inc., rose almost 18% at one point after closing up almost 8%.
Democratic Sweep Chinese Renewables Stocks Extend Surge (ORG) Democratic (ORG) Chinese (ORG) US (LOCATION) Suzhou Maxwell Technologies Co. (ORG) CSI Solar Co. (ORG) Canadian Solar Inc. (ORG)
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