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China Daily | Updated: 2009-05-29 07:49

Sunergy in the red

China Sunergy, a maker of solar power cells, reported a first-quarter loss of $15.9 million as slumping demand reduced sales and prices of solar components. The net loss was 40 cents per American Depositary Receipt compared with net income of $545,000, or 1 cent, a year earlier, the Nanjing-based company said.

Chemspec plans IPO

IN BRIEF (Page 14)

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