Analysts warn the company could well be forced to de-list from the New York Stock Exchange (NYSE) and may even go to the wall without further generous government support.

The company is investigating whether it has become the victim of fraud over German government bonds that were pledged as security in connection with an investment in Global Solar Fund (GSF).

Suntech discovered the fraud as it attempted to sell its 80% holding in GSF, which it acquired in 2008.

New