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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

Published Mon, Aug 3, 2015 · 09:50 PM

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 stocks, according to data compiled by Markit and Bloomberg.

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