Finally, large cap stocks like Petrochina Co. Ltd. (NYSE:PTR), Sinopec (NYSE:SNP) and CNOOCL td. (NYSE:CEO) send the energy sector lower. But large cap oil stocks mitigated the disastrous collapse of smaller cap solar stocks. Suntech Power (NYSE:STP) lost as much 40% while LDK Solar (NYSE:LDK) fell even more.
On the positive note, Silvercorp Metals (NYSE:SVM) lifted basic material even if large cap Aluminum Corp. of China (NYSE:ACH) was slow to move. China Automotive Systems (NASDAQ:CAAS) and Deer Consumer Products (NASDAQ:DEER) lifted consumer cyclical sstocks the most.