http://www.ft.com/intl/cms/s/0/9e87ba44-d20e-11e4-a1a0-00144feab7de.html#axzz3VMdmNnHz
March 24, 2015 10:00 pm
Hanergy: The 10-minute trade
Miles Johnson and Gavin Jackson
FT analysis highlights unusual trading patterns over the past two years
For the past two years, 3.50pm in Hong Kong has been a golden moment in the soaring fortunes of Hanergy Thin Film Power Group, the $35.5bn solar company that has transformed its owner into China’s richest man. A Financial Times analysis of two years of trading data of Hanergy Thin Film stock — more than 800,000 individual trades on the Hong Kong Stock Exchange — shows that shares consistently surged late in the day, about 10 minutes before the exchange’s close, from the start of 2013 until February this year.Read more: http://www.ft.com/intl/cms/s/0/9e87ba44-d20e-11e4-a1a0-00144feab7de.html#axzz3VMdmNnHz