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Jinko Collapses 28% Amidst Environmental Crisis

Shares in JinkoSolar Holdings (JKS) fell a full 28% today after the company was forced to idle its manufacturing facility in Haining following three days of protests over allegations that the facility has been polluting the local river. The difficulties relate to one of the company’s wholly-owned subsidiaries, Zhejiang Jinko, and the company has now admitted [...]