Trony Solar Cancels IPO

Dec 14 2009 | 9:54am ET

The Chinese amorphous silicon solar panel maker Trony Solar has postponed its IPO. The company had planned to go public last week.

Analysts say the Shenzhen-based company, which has posted increased revenue and profits compared to 2008, has likely postponed its initial public offering due to concerns about future profit growth.

Trony had planned to offer up to 15 million American depositary shares, plus another 2.9 million shares to its underwriters, according to its filing with the U.S. Securities and Exchange Commission. Trony’s shareholders planned to offer 4.5 million shares.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note