NEW YORK — Solarfun Power Holdings Co. Ltd. declined in midday trading Wednesday after becoming the second Chinese solar panel maker this week to begin trading on a U.S. market.
Shares fell 85 cents, or 6.8 percent, to $11.65 on the Nasdaq after pricing at $12.50 per American Depositary Share. Each ADS represents five regular Solarfun shares, and the company sold 12 million shares to raise about $150 million...read more
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