Trump's solar tariff gamble pays off – for now [CNBC]
JinkoSolar Holding Company Limited American Depositary Shares (each representing 4 Common Shares) (JKS)
Last jinkosolar holding company limited american depositary shares (each representing 4 common shares) earnings: 3/13 06:43 am
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Source: CNBC
VCG | Getty Images A photovoltaic plant is under construction above a pond at the mining subsidence area in Nihe Town on December 11, 2017 in Huainan, Anhui Province of China. Well that was fast. Barely one week after President Donald Trump announced a stiff 30 percent tariff on Chinese-made solar panels, a leading Chinese solar company announced plans to build a plant inside the United States. Jinko Solar made the plant building announcement Monday. It's reportedly hoping to build that plant for about $410 million in Jacksonville, Florida , create 800 new American jobs, and thus avoid the new tariffs. Obviously, much of the detailed planning was done before the tariff announcement. But the company's official statement hinted that the final decision was tied to the new tariffs, saying that the company continues to closely monitor treatment of imports of solar cells and modules under the U.S. trade laws. So this isn't going the way the
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JKS
News
- China's Solar Panel Giants Say Prices Are Near the Bottom [Yahoo! Finance Canada]Yahoo! Finance Canada
- China's Solar Panel Giants Say Prices Are Near the Bottom [Financial Post (Toronto, Ontario, Canada)]Financial Post
- China's Solar Panel Giants Say Prices Are Near the Bottom [Yahoo! Finance]Yahoo! Finance
- China's Solar Panel Giants Say Prices Are Near the Bottom [BNN Bloomberg (Canada)]BNN Bloomberg
- JinkoSolar Holding Co., Ltd. (NYSE: JKS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
JKS
Earnings
- 4/29/24 - Beat
JKS
Sec Filings
- 4/29/24 - Form 6-K
- 4/25/24 - Form 20-F
- 4/18/24 - Form 6-K
- JKS's page on the SEC website