In October 2014, Ikea extended its residential solar partnership with Hanergy, whose Hong Kong-listed shares remain suspended from trading pending an ongoing regulatory probe.

Under their original agreement, Hanergy sold its residential solar panels at self-branded stalls in Ikea outlets.

The end of the partnership is the latest in a string of bad news for Hanergy.

The Hong Kong market regulator suspended group unit Hanergy Thin-Film Power (HTF) from trading in late May, after its stock plunged 47% in a single morning trading session, chopping roughly $19bn off its market capitalisation.

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