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Chinese solar stocks slip following JA Solar, LDK Solar's numbers

  • With a lot of good news having been priced in this year, several Chinese solar stocks are selling off after JA Solar and LDK Solar both provided mixed Q3 numbers and fairly good guidance (I, II). LDK (LDK -2.5%), which continues to deal with major liquidity/debt payment issues (the company just reached a new two-week debt forbearance deal with creditors), has given up its premarket gains.
  • Notable decliners: STP -10.4%. YGE -3.8%. SOL -2.9%. DQ -2.7%. TSL -2%.
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