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Monday, 13 January 2014

China Securities Regulator Probes Sinovel Wind Group

Sinovel Wind Group Co. 601558.SH -9.92% Sinovel Wind Group Co. Ltd. China: Shanghai ¥3.54 -0.39 -9.92% Jan. 13, 2014 3:04 pm Volume : 14.72M P/E Ratio N/A Market Cap¥15.80 Billion Dividend Yield N/A Rev. per Employee ¥1,182,870 4.003.803.603.4010a11a12p1p2p 01/13/14 China Securities Regulator Inv... 01/13/14 China Securities Regulator Pro… More quote details and news » 601558.SH in Your Value Your Change Short position , one of China’s largest wind turbine manufacturers, said it is under investigation by the country’s securities regulator for allegedly violating securities laws.


In a filing to the Shanghai Stock Exchange late Sunday, Sinovel said it received a notice of investigation from the China Securities Regulatory Commission and that it would actively cooperate.


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Grace Zhu, The Wall Street Journal via CHINA US Focus http://ift.tt/1hiUrVo

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