Vestas share price suffers after Chinese entry to European market announced

Vestas is being dragged down by Chinese Mingyan’s entry into Europe.

Vestas CEO Henrik Andersen will probably have a Chinese player to contend with in Europe, triggering a fall in the share price. | Photo: Green Power Denmark / Thomas Kjærulff Torp

MarketWire Jakob Skouboe

After ten minutes of trading, Vestas, along with Novo Nordisk and others, pulls the Danish elite index down by 0.2% to 1954.86. This puts Vestas at the very bottom of the C25 with a dive of 2.7% to DKK 155.9 (EUR 20.9).

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