3 Chinese Solar Stocks That Are Heating Up

NEW YORK (TheStreet) -- Is there a new king on the Chinese solar module maker block? Jinko Solar JKS stock experienced its biggest trading volume day ever on Wednesday, just missing the one million share mark, and leading all gainers on the tape at the close on Wednesday. It was the biggest day of trading for the newest entrant among publicly traded Chinese module makers since its debut back in May, and this week has marked the arrival of Jinko on the radar screen of investors. Jinko Solar shares have rallied by close to 25% in the past two days, beginning the week trading at just under $20 and finishing Wednesday's action near the $24.50 mark. Jinko Solar doesn't have the track record in module production history, capacity or trading volume to crown it as Chinese solar module making royalty. Jinko Solar is arguably not even in the same club as Trina Solar TSL, Suntech Power STP or Yingli Green Energy YGE. Nevertheless, Jinko Solar had never experienced two consecutive days of trading over 500,000 shares until the past two days. Additionally, with its Wednesday volume practically doubling its Tuesday volume, at 985,000 shares, Jinko Solar is the solar darling of the moment. Barclays was out with a big bullish call on solar for 2011, and in particular for Trina Solar and wafer maker ReneSola SOL. While Trina was up close to 5% on Wednesday, its gains still weren't anywhere near the rise in Jinko Solar shares, at 13%. To read the rest, head over to TheStreet.com