LOGO
LOGO

Hoku Scientific Inc. Is Rising On Tianwei Agreement

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Hoku Scientific Inc. (HOKU) and and Tianwei New Energy Holdings announced after the bell Tuesday that they signed a definitive agreement providing for a majority investment in Hoku by Tianwei and debt financing by Tianwei and China Construction Bank, for the construction and development of Hoku's polysilicon production facility in Idaho.

Thinly traded Hoku Scientific dipped early Tuesday morning and closed down by 0.04 at $2.14. The stock is now up 0.86 on 19K shares after the bell.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.