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Hanergy plunge raises lending concerns

The 47% plunge in share prices of China solar energy stock Hanergy Thin Film Power Group on the Hong Kong Stock Exchange has raised concerns of loan facilities at private banks, says a Hong Kong-based investment counsellor. Hong Kong-listed Hanergy lost US$19 billion in market valuation on Wednesday last week. As a result, Li Hejun, founder of parent company Hanergy…

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