JinkoSolar’s Rise Isn’t Done

  • The shares crashed last year on Chinese cuts in market incentives, which led to a 30% ASP decline.
  • However, the volume part of the Chinese market held up much better than expected at the time and is set to recover on both volume and ASP terms this year.
  • Jinko managed this decline very well by selling to overseas markets and now stands to benefit from the Chinese recovery.

Source: JinkoSolar’s Rise Isn’t Done – JinkoSolar Holding Co., Ltd. (NYSE:JKS) | Seeking Alpha