Chinese companies have found a guaranteed way to prevent
investors from selling their shares:
.... suspend trading.
Almost 200 stocks... halted trading.... after the close on
Monday,
- bringing the total number of suspensions.... to 745,
- or 26 percent
- of listed firms on mainland exchanges,
according to data compiled by Bloomberg. Most of the halts
are by companies listed in Shenzhen, which is dominated by smaller
businesses.
The suspensions have locked up..... $1.4 trillion of shares,
- or 21 percent ....of China's market capitalization,
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China...Lol
Posted by saturn6 on 7th of Jul 2015 at 03:46 pm
By Fox Hu
Bloomberg News
Tuesday, July 7, 2015
Chinese companies have found a guaranteed way to prevent investors from selling their shares:
.... suspend trading.
Almost 200 stocks... halted trading.... after the close on Monday,
- bringing the total number of suspensions.... to 745,
- or 26 percent
- of listed firms on mainland exchanges,
according to data compiled by Bloomberg. Most of the halts are by companies listed in Shenzhen, which is dominated by smaller businesses.
The suspensions have locked up..... $1.4 trillion of shares,
- or 21 percent ....of China's market capitalization,