JinkoSolar Holding Co., Ltd (NASDAQ:JKS) shares are trading lower by 3.1% to $33.39 going into the close of Tuesday’s session. Shares of several Chinese stocks are trading lower following Caixin Services PMI data, which showed slower-than-expected August service sector activity growth.
Slower service sector growth can lead to delays in commercial and industrial solar installations. JinkoSolar supplies solar panels and components for such installations.
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