On Monday, Jinko Energy (JKS.US) rose more than 9% to $24.24.
The Zhitong Finance App learned that on Monday, JKS.US (JKS.US) rose more than 9% to $24.24. According to the news, following the preliminary ruling on countervailing duties announced in October this year, the US Department of Commerce recently announced that it plans to levy anti-dumping duties of up to about 271% on photovoltaic products imported from Southeast Asia. According to reports, domestic enterprises have already anticipated the current tariff policy, and have responded through measures such as localized factory construction and capacity transfer. In order to strengthen localization, many leading component companies have already begun to build factories in the US. Jinko Energy, Trina Solar, and Longji Green Energy have all announced the start of production of components in the US.
