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Friday, June 08, 2007

Chinese Solar IPO Hits Market - Yingli Green Energy (NYSE: YGE) Priced at $11.00

Chinese solar company, Yingli Green Energy (NYSE: YGE) began trading today on the New York Stock Exchange. Shares in the IPO were priced at $11.00 helping the company to raise $319 million to pay down debts and increase manufacturing capacity.

The shares opened today's trading at $10.80 and has fallen slightly from that mark in early morning trading.

For more info on the Chinese solar market visit:

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