JKS

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JKS shares (and other solars) went down on some troubles at Yingly Green:

• Yingli Green Energy (NYSE:YGE) +7.5% premarket after attempting to reassure investors that it will be able to repay its debt on time after issuing a going concern warning at the end of last week.
• YGE says it is confident it can keep making repayments on its debt and is taking steps to mitigate risks to its business; it blames media reports for taking last week's remarks "out of context."
• YGE says it had repaid 1.2B yuan ($160M) on notes due May 3 and expects it will be able to make a 1B yuan repayment due on Oct. 13.
• Shares have dropped 44% so far this week.

 Yingli Green Energy tries to calm investors after 44% stock plunge - Yingli Green Energy Holding Company Limited (NYSE:YGE) | Seeking Alpha

That seemed illogical to us, if a competitor is in trouble which is specific to that company your shares should go up instead of down. Now, this morning, earnings from Trina have shown that the YGE troubles are indeed specific to YGE..

• Trina Solar (NYSE:TSL): Q1 EPS of $0.16 beats by $0.07.
• Revenue of $558.09M (+25.5% Y/Y) beats by $48.74M.
• Press Release

Trina Solar beats by $0.07, beats on revenue - Trina Solar Limited (NYSE:TSL) | Seeking Alpha