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Stock Market & Financial Investment News

News Breaks
July 30, 2014
06:28 EDTJKSJinkoSolar to receive $225M private equity investment led by CDBI
JinkoSolar Holding announced that China Development Bank International, or CDBI, the Macquarie Greater China Infrastructure Fund, or MGCIF, and New Horizon Capital have agreed to invest a total of $225M in the company's downstream solar power project business. JinkoSolar Power Engineering Group, a wholly-owned subsidiary of JinkoSolar that develops and operates its downstream solar power project business, entered into separate definitive share purchase agreements with each of CDBI, MGCIF and New Horizon. Under the subscription agreements, CDBI, MGCIF and New Horizon have agreed to invest a total of $225M in Jinko Power. Upon completion of the investment and the company's additional capital contribution to Jinko Power, the three investors will hold a total of approximately 45% of Jinko Power's equity interest.
News For JKS From The Last 14 Days
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September 15, 2014
09:14 EDTJKSIPO of JinkoSolar unit could be material catalyst, says Roth Capital
After meeting with JinkoSolar's CFO and one of its directors, Rtoth Capital believes that the IPO of the company's project business could be a significant catalyst for the stock, as the unit could be the first public Chinese solar yieldco. The firm thinks that the Chinese solar market is improving, and it reiterates a $40 price target and Buy rating on the shares.
September 10, 2014
07:02 EDTJKSJinkoSolar connects 100MW solar PV project in Jiangsu province to grid
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September 8, 2014
12:16 EDTJKSJinkoSolar management to meet with Roth Capital
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