JinkoSolar Holding Co., Ltd. (JKS) rated Hold with price target $5 by Auriga
Posted on: Friday, Mar 9, 2012 10:25 AM ET by Auriga
JinkoSolar Holding Co., Ltd. (NYSE:
JKS) rated Hold with price target $5 by Auriga.
JinkoSolar Holding Co., Ltd. is a solar product manufacturer. The Company has built a vertically integrated solar product value chain from recovered silicon materials to solar modules. Its principal products are silicon wafers, solar cells and solar modules. The Company sells its products in China and to overseas markets. In June 2009, the Company acquired Zhejiang Jinko Solar Co., Ltd (Zhejiang Jinko). In October 2010, the Company established a United States subsidiary with an office in San Francisco, California.
Auriga operates full-service institutional equity and fixed income trading desks with state-of-the-art communications technology and trading systems. Through our U.S. corprate parent,
Auriga Holdings, LLC we offer a variety of services including whole loan trading and asset management. Through our Spanish parent company,
Auriga Securities Sociedad de Valores, S.A., we offer the ability to trade European equity and fixed income products. We connect electronically to buy-side firms; route orders to multiple points of execution and subsequently route to our clearing firm, Pershing, for settlement.