JinkoSolar Updates On Jiangxi Jinko's China IPO

JinkoSolar Holding Co Ltd JKS updated on the status of the proposed initial public offering and listing of its subsidiary, Jinko Solar Co., Ltd (Jiangxi Jinko), on the Shanghai Stock Exchange's Sci-Tech innovation board (the STAR Market).
The STAR Market stock listing committee admitted that Jiangxi Jinko had fulfilled the offering, listing, and disclosure requirements related to its proposed IPO.
Now, Jiangxi Jinko will need to go through the registration process with the China Securities Regulatory Commission before the IPO.
Price Action: JKS shares traded higher by 2.05% at $42.71 in the premarket session on the last check Thursday.