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Yingli quarterly profit tops Wall Street view

NEW YORK (Reuters) - Chinese solar company Yingli Green Energy Holding Co posted higher-than-expected second-quarter earnings on Thursday, but fears about weakening solar panel prices next year knocked its shares lower.

NEW YORK (Reuters) - Chinese solar company Yingli Green Energy Holding Co posted higher-than-expected second-quarter earnings on Thursday, but fears about weakening solar panel prices next year knocked its shares lower.

The company, which is adding polysilicon production to its portfolio of wafers, cells and photovoltaic modules, has been helped by strong European sales ahead of planned cuts to green energy subsidies there.

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