China’s solar and major battery maker shares rise on Monday after Beijing issues a new consumption tax covering solar cells and lithium batteries. Multiple outlets report broad gains across the sector, reflecting investor expectations that the measure could change demand and pricing dynamics for key products. The tax is described as part of efforts that may accelerate consolidation in China’s solar supply chain, where companies have been grappling with oversupply. Investors appear to view the policy as a potential counterweight to excess capacity by influencing end-market consumption and the competitive balance among manufacturers. While the specific rate and implementation details are not provided in the cited summaries, the common theme across sources is that the announcement could reshape sector economics in the near term. The move is also seen as relevant for lithium battery makers, indicating the policy targets both solar components and battery inputs or related products. Overall, the reports attribute the market reaction to heightened expectations for consolidation in an oversupplied solar industry.