China Market Crash Torches Sky Solar, JinkoSolar
Sky Solar and JinkoSolar led a big solar-stock sell-off Monday after a halt in China stock market trading spooked investors worldwide, sending the Dow Jones and Nasdaq down more than 2% apiece. In early trading on the stock market today, Hong Kong-based Sky Solar (SKYS), a 2014 IPO, dropped nearly 8%. JinkoSolar (JKS) fell about 6%. JinkoSolar’s fall came three days after Chief Strategy Officer Arturo Herrero resigned, effective Jan. 1, citing