Dear Analysts At Piper Jaffray Who Cover LDK Solar
Dear Analysts at Piper Jaffray, Normally, I mock sell-side analysts by pointing out all the times they get it wrong. Which is a relatively easy thing to do given their propensity to be a rather...
View ArticleLDK Gets $80M Debt Bailout
China’s LDK Solar, struggling with four straight quarters of losses, has gotten its home city of Xinyu to pay off about $80 million in debt. Looks like the Chinese model of solar capitalism has entered...
View ArticleThe Citigroup of China? LDK Solar Now Owned by Chinese Government
LDK (NYSE: LDK), based in China, is one of the world’s largest producers of solar wafers, as well as a manufacturer of high-purity polysilicon. But, the solar industry is painfully oversupplied, and...
View ArticleStruggling Chinese Solar Companies: Your Goverment Is Here to Help
The Chinese government is stepping up efforts to prop up struggling domestic solar companies by helping them expand locally – with loans, subsidies and policies that stimulate in-country generating...
View Article