Shanghai, Shenzhen keep suspension on 23 stocks

15 May 2008 06:17  [Source: ICIS news]

SINGAPORE (ICIS news)--The suspension of share trading activities in 23 of the 66 companies after the Sichuan quake earlier this week is currently still in place, officials from the Shanghai and Shenzhen stock exchanges said on Thursday.

The Shanghai Stock Exchange (SSE) earlier suspended share trading in 45 companies on Tuesday, while Shenzhen Stock Exchange (SZSE) suspended trades for 21 after the earthquake struck Sichuan on Monday.

The SSE has not lifted its suspension of share trading in 13 of the 45 companies. Trading in these companies’ shares will resume after “they disclose information about their situation”, a company official said on Thursday.

Over at the SZSE, the suspension of share trading in 10 of the 21 companies has not been lifted.

“These companies are still working to confirm their situations (after the earthquake)”, a Shenzhen Stock Exchange official said.

She added that chemicals producer Sichuan Meifeng was among the 10 companies whose shares were still suspended from trading.

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By: Cheang Chee Yew
+65 6780 4359

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