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Bears in US pounce on China solar firms as power usage growth slows

China's National Energy Administration expects electricity consumption to rise about 3% this year

Traders have sold short 22 per cent of JinkoSolar's ADRs, while Trina has the third-most bearish bets, amounting to 12 per cent of outstanding shares, and JA Solar is fourth at 11 per cent.

New York

US investors are keying in on Chinese solar manufacturers as a way to profit from the slowdown in the world's second-largest economy.

Traders have sold short 22 per cent of JinkoSolar Holding Co's American depositary receipts (ADRs), the second-most among US-listed Chinese