Solarfun Power Holdings Co. Ltd. (SOLF)

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Solarfun Power Holdings (NASDAQ: SOLF - News) led the Chinese solar sector higher on Wednesday after the firm more than doubled the EPS consensus and guided higher for the full year. The company earned an adjusted 40 cents per American depository share on $216.2 million in revenue, easily topping Wall Street's 19-cent EPS expectations. Solarfun boosted its 2010 shipment guidance to 650 MW from 600 MW, sending traders into a buying frenzy and boosting shares by 14%.

As a whole, the Chinese Solar Stocks Index is ahead by 4% today, and a handful of components have broken into positive territory on a five-day basis.