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Benzinga
Benzinga
Business
Anusuya Lahiri

Why Are JinkoSolar Holding Shares Trading Higher Today?

  • JinkoSolar Holding Co Ltd (NYSE:JKS) subsidiary Jinko Solar Co, Ltd (Jiangxi Jinko) completed its initial public offering registration process with the CSRC.
  • Jiangxi Jinko will soon enter the issuance process for its IPO on the Shanghai Stock Exchange's Sci-Tech innovation board.
  • JinkoSolar Holding is one of the largest and innovative solar module manufacturers globally.
  • Xiande Li, JinkoSolar's Chair and CEO, commented, "We are very pleased that Jiangxi Jinko will soon enter the issuance process for its IPO and gain access to the fast-growing capital market in China, which we believe will further strengthen our leadership in the PV industry."
  • Price Action: JKS shares traded higher by 5.35% at $44.43 in the market session on the last check Tuesday.
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