HTF confirmed that trading in its shares were halted “pending release of an announcement containing inside information” after its stock plunged by 47% in early trading before being suspended at HK$3.41.

Analysts were left struggling to explain the reasons for the sudden turn in sentiment, which followed a long rally of the company’s shares that pushed HTF to a market value of above $35bn – far in excess of the thin-film PV sector market-leader First Solar.

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