Author Archives: Scalper1
China Market Crash Torches Sky Solar, JinkoSolar
Sky Solar and JinkoSolar led a big solar-stock sell-off Monday after a halt in China stock market trading spooked investors worldwide, sending the Dow Jones and Nasdaq down more than 2% apiece. In early trading on the stock market today, Hong Kong-based Sky Solar (SKYS), a 2014 IPO, dropped nearly 8%. JinkoSolar (JKS) fell about 6%. JinkoSolar’s fall came three days after Chief Strategy Officer Arturo Herrero resigned, effective Jan. 1, citing
Qunar, Alibaba, Other China Stocks Plunge
A marquee collection of prominent China stocks traded in the U.S. plunged Monday following a December report spotlighting weakness in China’s manufacturing sector, a fifth straight month of contraction that set investors on edge — and ground stock trading in China to a halt. On U.S. exchanges, Chinese online travel company Qunar Cayman Islands (QUNR) — nicknamed the “Kayak.com of China” — showed the biggest decline among a basket of China-based