Li Hejun, the controlling shareholder of the largest solar company, spent more than $50.1m buying additional shares in the Hong Kong listed company on the day its share price crashed last week.
In a trading session last Wednesday, nearly $19bn was wiped off the market capitalisation of Hanergy Thin Film Power in less than 30 minutes.
The fall came on the same day that Mr Li did not attend the company’s annual shareholder meeting.
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