Logo 04 Aug 2025

GCL confirms plans for polysilicon mega-fund to acquire and shut excess capacity

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Try it free

Already a subscriber? Log in.

On Thursday, polysilicon giant GCL confirmed to Reuters that the industry’s leading players are in talks to establish a fund aimed at acquiring and shuttering excess capacity from smaller domestic competitors. ICYMI: Credible sources indicate that negotiations to create the fund – viewed by many ind...



More recent developments

Logo April 2, 2026
China launches pork reserve purchasing as pork prices crater

Beijing is stocking up on cheap pork. On April 2, the macro planner (NDRC) and the ministries of commerce (MofCom) and finance (MoF) announced the launch of pork purchasing for central reserves, citing the need to ensure "stable pork market… Read More »

Logo April 1, 2026
March PMIs show surge in input costs

The Gulf crisis has sent manufacturing costs spiking – but China's firms appear to be shrugging it off. That’s the key takeaway from manufacturing PMI data released by the stats bureau (NBS) and RatingDog on March 31 and April 1, respectively.… Read More »

Logo April 1, 2026
March home sales by top 100 developers decline 15% y/y

The property market remained subdued in March. Per data from China Real Estate Information Corp. (CRIC), an independent data provider: New home sales by China’s top 100 developers clocked in at RMB 270 billion. While that’s more than twice February’s… Read More »