Thecompany, based in China’s Jiangsu province, received a notice from NYSERegulation two weeks ago stating that its American Depositary Shares (ADRs) would be suspended from tradingbefore the opening of the 11 November session, because of lingering questionsabout its ongoing restructuring.
Theoversight body also raised concerns about Suntech Power Holdings’ efforts torevise its earnings statements from 2010 and 2011.
WuxiSuntech, the insolvent main manufacturing unit of Suntech Power Holdings,became insolvent in March after the company defaulted on $541m of bonds.
Earlierthis
