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Stock impact report

China's Solar Panel Giants Say Prices Are Near the Bottom [Yahoo! Finance Canada]

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 Check Earnings Report
US:NYSE Investor Relations: ir.jinkosolar.com
Most Read from Bloomberg The current slump is “irrational” and there's only a small probability it will continue, Jinko Solar Co. Chairman Li Xiande said in a joint presentation hosted by the Shanghai Stock Exchange. Li answered written questions from investors at the event on Tuesday along with executives from other firms, including Trina Solar Co. and CSI Solar Co. ADVERTISEMENT The companies are trying to turn a corner after solar manufacturers saw profits vanish as a wave of new factories that were aimed at capturing a growing market came online in the past year. Instead, the new supply has overwhelmed demand, sending panel prices to record lows and annihilating margins. “The price of photovoltaic modules is currently at a low level, and there's limited room for further decline,” Trina Chairman Gao Jifan said at the presentation. Solar module prices are at about half the level they were in March 2023, BloombergNEF data show. China, by far the world's largest market, is Show less Read more
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