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


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%.

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  • BULLWISH
    , contributor
    Comments (2) | Send Message
     
    I think one of the issues is " The accounting practice in China is not honestly reported to the public." Hence, misleading a lot of small investors......
    19 Mar 2013, 03:27 AM Reply Like
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