Chinese solar firms get bourse delisting warnings

Four Chinese solar manufacturers were warned against delisting from overseas stock markets. They were told they have six months to raise their share price to more than $1 or face delisting. This as Chinese solar equipment firms struggle through slow orders and falling profits. China’s largest solar wafer manufacturer LDK Solar has disclosed to its shareholders that they have received a warning from the New York Stock Exchange. The NYSE had also previously sent delisting warnings against Chongqing-based Daqo New Energy Corp last August and to Suntech Power Holdings in September. The Nasdaq, on the other hand, had sent a warning to JA Solar  in October.

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