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10pct of China's listed firms suspend trading for restructuring

BEIJING
2015-05-11 11:09

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A total of 346 of the 2,600-odd firms listed on China's Shanghai and Shenzhen stock exchanges have suspended their share trading for restructuring, merger and acquisition and share placement affairs so far, accounting for more than 10 percent of the total, according to statistics released by iFinD.

Most of the listed firms which suspended share trading belong to military and aerospace sectors. Industrial insiders consider that the military sector will enter the advanced stage in the fields of assets injection, group listing, and scientific research reform.

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