Jinkosolar Holding Co., Ltd. shares fall 1.60% intraday as Longi Green Energy Technology reports H1 net loss.

Jinkosolar Holding Co., Ltd. declined 1.60% in intraday trading. The drop in stock price may be attributed to the news that Longi Green Energy Technology, a competitor in the photovoltaic panels and solar energy products sector, reported a net loss of 2.4-2.8% for the first half of the year. This news could have negatively impacted investor sentiment towards Jinkosolar, leading to the stock's decline.