Prospects are dim for China’s Hanergy Thin Film Power to resume trading soon in Hong Kong as regulators extend their two-month investigation into its dramatic share price fall in May. The mainland China-based solar technology firm, which quickly became a top trading idea under the Stock Connect Scheme, has now turned into a test case for regulators from both sides of the border.
Cathy Yang filed this report from Hong Kong.
Jeffrey Ball speaks with CCTV about China stock regulation
Shedding additional light on this issue is Jeffrey Ball, scholar-in-residence at Stanford University’s Steyer-Taylor Center for Energy Policy and Finance.