Solar Stocks Climb, Powered by China Government's Plan to Trim Financing

By
A A A

Solar stocks rally on buzz the Chinese government plans to increase the financing for solar producers struggling under layers of debt and the possibility of EU tariffs on imports in European market, which contributes to more than 50% of solar producers' revenue.

Among gainers:

JA Solar Holdings Co. ( JASO ) up 0.6% at $6.91


Suntech Power Holdings ( STP ) up 5.6% at $1.01

ReneSola Ltd. ( SOL ) up 1.5% at $2.03

Trina Solar Limited ( TSL ) up 4.7% at $6.21

Yingli Green Energy ( YGE ) up 9.7% at $3.15

LDK Solar Co. (LDK) up 5.1% at $5.43



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: JASO , SOL , STP , TSL , YGE

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

33,974,386
  • $17.98 ▲ 0.28%
20,763,901
  • $91.29 ▲ 2.06%
19,110,793
  • $7.26 ▼ 1.22%
18,528,869
    $8.33 unch
18,014,920
  • $4.19 ▼ 1.18%
16,448,919
  • $25.83 ▼ 0.19%
14,748,190
  • $7.60 ▼ 1.43%
14,144,383
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com