CHINA BULLETIN: Reopening at Lightning Speed
In this week’s issue China’s reopening accelerates, trade tanks, and Alibaba founder Jack Ma abandons entrepreneurs in his home province of Zhejiang. On a scale of 1 to 10, we give the week an 8.5 for offshore-listed China stocks.
Daqo Unveils $1.2 Billion Price Tag for Second Phase of Expansion
Polysilicon maker revealed the final phase of its massive expansion will add 100,000 MT of capacity and should start producing by the end of next yearKey Takeaways:Daqo New Energy said…
ReneSola Grows on Shift to Solar Power Production
The company’s third-quarter revenue rose 86%, fueled by a doubling in revenue from its newer business operating solar power plantsKey Takeaways:ReneSola’s revenue rose 86% in the third quarter, as the…
FAST NEWS: Daqo New Energy’s Profit Rises 11% in Third Quarter
The Latest: Polysilicon maker Daqo New Energy Corp. (DQ.US) on Thursday reported its revenue roughly doubled year-on-year to $1.2 billion in the third quarter, while its profit rose by a…
Daqo Lines Up Big New Buyer Ahead of Massive Expansion
Shuangliang Silicon Materials has agreed to purchase 10% or more of Daqo’s polysilicon output over the next five years Key Takeaways: Daqo New Energy has signed an agreement to sell…
JinkoSolar Taps China Unit to Raise $1.5 Billion for New Projects
Leading solar panel maker will take advantage of a significantly higher valuation for its Shanghai- listed unit to raise money through a convertible bond issue Key Takeaways: JinkoSolar will issue…
Daqo New Energy Sees Strong First-Half Profit, Continued Rising Polysilicon Prices
Producer of the main ingredient used to make solar panels forecasts the profit for its China-listed subsidiary roses 340% in the first half of the year Key Takeaways: Daqo New…
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