iBankCoin
Joined Nov 11, 2007
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Solar Stocks Melt Up as China Announces Support for Consolidation and Bankruptcy Filings

“……….Leading the pack is Suntech, up 16 percent, followed by LDK up 12 percent. Yingli and Trina are both up 8 percent.

Ma reports China’s State Council (or cabinet) issued a statement pledging to reform the industry by encouraging mergers and acquisitions and banning local governments from supporting failing companies.”

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