Back to YGE
Chinese Solar Stocks Climb as Tariff Levels Are Lower Than Expected

NEW YORK, NY -- (Marketwire) -- 03/26/12 -- Chinese Solar stocks are coming off a strong week after the Commerce Department announced preliminary tariffs on imported Chinese solar panels that are more modest than anticipated. "This could have been a lot worse," said Aaron Chew, an analyst at Maxim Group LLC, who said some people expected a tariff as high as 10 percent. "The tariffs were totally expected, but this is at levels that are much lower than expected." Five Star Equities examines investing opportunities in the Solar Industry and provides equity research on LDK Solar Co. (NYSE: LDK) and Yingli Green Energy Holding Company Limited (NYSE: YGE). Access to the full company reports can be found at:

www.fivestarequities.com/LDK
www.fivestarequities.com/YGE

Last week the Obama administration imposed import duties of as much as 4.73 percent on solar-energy equipment from China, backing a complaint from U.S. solar makers that said their mainland rivals were receiving improper government subsidies. "The U.S. government's lighter than expected tariffs on China's solar panel imports reflects some degree of rationality, but it has to do more to keep bilateral trade ties from derailing," Chinese state media outlet New China News Agency wrote.

Five Star Equities releases regular market updates on the Solar Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.fivestarequities.com and get exclusive access to our numerous stock reports and industry newsletters.

Several U.S. solar panel makers had asked the government to impose steep tariffs on Chinese imports. The request came after the U.S. industry broke the record for new installations last year, deploying 1,855 megawatts of new solar PV capacity, more than doubling the previous annual record of 887 MW recorded during 2010. According to a recent U.S. Solar Market Insight report from the Solar Energy Industries Association (SEIA) and analyst firm GTM Research, new installations grew 109 per cent in 2011, marking the first time the industry has deployed more than a gigawatt of new capacity in a single year.

Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
www.fivestarequities.com/disclaimer

Add to Digg Bookmark with del.icio.us Add to Newsvine

Back to YGE
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki