MJJ is seen as the expert on solar, why did his dry solar still raise less than 4 billion in Hong Kong?
It's hard to understand. The Hong Kong Stock Exchange can't bear so much financing, and the valuation is low, almost equal to A-share's 80%. Moreover, if we get it, what do you plan to use the money for? Aren't you already holding a lot of cash in your account? Just last week, MJJ pointed out that China's solar industry has already been enough competitive. To enter the solar industry with an appliance company is not better than Shenhua cement? How did its share price perform after entering the solar industry? From more than 20 down to about 10 Hong Kong dollars.
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