- 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.
JinkoSolar’s Rise Isn’t Done
January 30th, 2019 · No Comments