What happened to Hanergy thin film Power Group?

HONG KONG (Reuters) - Hanergy Thin Film Power Group <0566.HK>, whose shares have been halted from trading for more than three years after a price collapse, is being taken private by its parent at a valuation of at least $27 billion and then relisted in mainland China.

What makes Hanergy a world leader in thin-film solar technology?

In addition, Hanergy has entered into thin-film solar power plant construction agreements across the globe totaling a capacity of about 10GW. Through global technical integration and independent innovation, Hanergy has become a world leader in thin-film solar technology.

Will Hanergy thin film leave Hong Kong's a-share index?

The Chinese solar manufacturer is set to transfer independent shareholders’ stakes into a special purpose vehicle while one of its affiliate businesses seeks a listing on Beijing’s A-share index. Inevitably, though, the process has not been a smooth one. Hanergy Thin Film is on course to wave goodbye to the Hong Kong exchange.

Who is Hanergy solar?

Hanergy is one of the largest solar manufacturers in the world, specialised in thin film. It has attached great importance to investing in thin-film solar cell research. Six R&D centers have been established by Hanergy in Beijing, Sichuan, Silicone Valley of the US, and Uppsala, Sweden.

How much is Hanergy thin film worth?

At that price, Hanergy Thin Film would be valued at HK$210.73 billion ($26.88 billion), higher than the HK$164.8 billion the solar panel equipment making company was worth when it stopped trading on May 20, 2015 at HK$3.91.

Will Hanergy thin film stock be de-listed from Hong Kong stock exchange?

Chinese solar manufacturer Hanergy Thin Film has confirmed it expects its shares to be de-listed from the Hong Kong Stock Exchange on June 11.