The Shenzhen Stock Exchange will limit price fluctuations of shares in small and medium-sized companies on their debut trading day to curb speculation and protect investors in a move that an analyst said would likely prove ineffective.
Trading will be suspended for 30 minutes on a company’s debut day if its share price rises or falls [...]
Firms listed on China’s growth enterprise board will be delisted if they fail to meet requirements of the stock exchange.
The Shenzhen Stock Exchange, where the new financing platform for start-up firms will be based, yesterday issued drafted details of the board to seek public opinion by May 22.
Under the rules, listed firms will be delisted [...]
China’s launch of the Growth-Enterprise Market won’t exert pressure on liquidity in the main stock markets or lead to panic selling, industry analysts said yesterday.
“Experience from overseas growth enterprise markets, such as in the United States, Britain and Hong Kong, shows the GEM will have little impact on prices and turnovers on the main boards,” [...]
A reward ceremony of 2008 financial innovation in Shenzhen was held by the Shenzhen government yesterday, in which special rewards were granted to the Shenzhen Stock Exchange (SZSE) and the China Securities Regulatory Commission Shenzhen Office (CSRC Shenzhen) for financial innovation.
Officials from Shenzhen noted that the watchdogs not only protected the fairness and justice of [...]
Yunnan Tin Co., the world’s biggest producer of the metal, said assets belonging to its Singapore unit will be auctioned to repay debts.
ABN Amro Inc., the largest creditor of Singapore Tin Industries Pte., will complete the sale of buildings and other assets within three months to recover unpaid debts, Yunnan Tin said in a statement [...]
Chinese stocks retreated on Tuesday amid a massive downward trend in neighboring markets.
The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, tumbled 6.31%, or 128.06 points, to 1902.43 points after fluctuating between 2050.88 and 1889.87 points.
The Shenzhen Component Index on the smaller Shenzhen Stock Exchange dived [...]
