A 492% China Premium Shows Why Solar Firms Are Heading Home
Higher valuation and investor enthusiasm driving the trend
U.S. listing is no longer a must for global success in solar
When a Chinese solar manufacturer that had been traded in New York for a decade held an initial public offering last month on Shanghai’s Star Board, it priced the shares at about a 9.6% premium to their U.S. counterparts.
A little more than a month later that premium has shot to 492%.