JinkoSolar Is Likely To Rebound

  • This year is going to be a disappointing year with ASP declines and a substantial decline in the market.
  • While this is disappointing as management promised a robust year as little ago as March, they didn’t take their 2020 shipping guidance down.
  • The Chinese market is likely to rebound towards the end of the year and the current shake out will favor Tier-1 producers like JinkoSolar in the end.

Source: JinkoSolar Is Likely To Rebound (NYSE:JKS) | Seeking Alpha