Chinese Renewables Stocks Extend Surge After Democratic Sweep
Bloomberg.com reports: Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Chinese renewables stocks extended a dramatic rally after the US Democratic Party’s sweep in the midterm elections was viewed as favorable for the industry even as American tariffs remain in place. The surge was broad-based, with most solar, battery storage and wind stocks making gains. Solar equipment maker Suzhou Maxwell Technologies Co. jumped as much as 20% following a 17% advance on Wednesday.