Chinese solar stocks are selling off following (widely-expected) news of Suntech's default, and...

|By:, SA News Editor

Chinese solar stocks are selling off following (widely-expected) news of Suntech's default, and reports the Chinese government may soon cut solar electricity subsidies. The latter is potentially a major problem given how weak European demand and trade disputes have made the domestic solar market more important than ever. LDK -9.1%. SOL -10.2%. DQ -7%. YGE -6.9%. JASO -3.7%. CSIQ -3.4%.