Endangered species
Stock markets: The share prices of leading Chinese solar companies have dropped so significantly that the New York Stock Exchange is threatening them with a delisting. But an exit from the stock market would considerably worsen their financial outlook in the United States and Europe.
There is hardly a better answer when it comes to the question of money. Whenever Chinese solar companies are asked about possible government support in borrowing, they point to the stock market. “We are listed on the Nasdaq. All financial information is publicly disclosed there,” says Yingli director and CFO Bryan Li when asked about …
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