Nuveen Increases JinkoSolar Holding Co., Ltd. (JKS) Amid $300M Share Sale

JinkoSolar Holding Co., Ltd. (NYSE:JKS) is among the most undervalued solar stocks to buy now. In the first quarter, Nuveen LLC raised its stake in JinkoSolar Holding Co., Ltd. (NYSE:JKS) through the purchase of 32,100 shares, valued at approximately $598,000. According to the recent disclosure with the SEC, the global asset management firm now owns 0.06% of the company.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) has announced plans to sell 300.2 million A shares of Jiangxi Jinko, the company’s principal operating subsidiary, in an attempt to raise funds. Priced at no less than 70% of Jiangxi Jinko’s average trading price over the past 20 trading days, the shares are offered to qualified institutional investors.

Is JinkoSolar Holding Co. Ltd. (JKS) the Best Solar Stock to Buy in 2025?

As cited by Mr. Xiande Li, chairman and CEO of JinkoSolar Holding Co., Ltd. (NYSE:JKS),

“We believe that the sale of A Shares will strengthen our cash flows, improve our cash position, support our ongoing business operations, and enhance our resilience to risks. Meanwhile, it allows us to preserve the capacity for future shareholder returns, reinforcing long-term shareholder value.”

JinkoSolar Holding Co., Ltd. (NYSE:JKS) is a Chinese company that develops and markets photovoltaic products. Founded in 2006, the company provides solar system integration services, energy storage systems, and solar power generation and solar system EPC services.

While we acknowledge the potential of JKS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JKS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.