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Jinko Solar stock: The China boom - Financial Trends

Jinko Solar stock: The China boom

On Friday, at least, stocks from China again ran significantly stronger than in the weeks before. Concerns about an escalation of the trade war between China and the U.S. have also predominantly spread on the stock markets. Now, however, it looks as if companies like JinkoSolar should get a little more tailwind.

JinkoSolar: Energy turnaround should bring in money

Overall, JinkoSolar should be able to push its existing upward trend even further from the analysts’ perspective. Solar is now an interesting topic worldwide. In Germany alone, for example, the phase-out of fossil fuels will have to be, or should be, 100% complete by 2035, at least according to the Green Party chairwoman Ricarda Lang.

Solar energy will play a greater role in the transformation of energy. Now, however, stock markets have also been increasingly skeptical of Chinese stocks recently. In the past four weeks, JinkoSolar has suffered a 4% discount. Last week, however, the company still managed a gain of 5%. On Friday, it went up by 0.4%.