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ST firms set to face price fixing probe By SHI JING in Shanghai | China Daily | Updated: 2021-05-19 09:09 Share CSRC looks into pump-and-dump charges after serious questions arise Questions raised by an industry expert regarding market manipulation of public companies with less stellar business performance have affected prices of A-share special treatment or ST companies and small-caps, which over the long run will benefit qualified blue-chips and better promote value investment, said experts. Share prices of ST companies, which reported losses for at least two years, fell by an average 4.68 percent on Monday while the benchmark Shanghai Component Index gained 0.78 percent. The slump continued on Tuesday as 75 ST companies reported price declines, with 26 seeing their prices fall by 5 percent, while the Shanghai Component Index climbed moderately by 0.32 percent to 3529.01 points. ....
ST firms set to face price fixing probe chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
ST firms set to face price fixing probe--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
ST firms set to face price fixing probe chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
From:ChinaDaily | 2021-04-07 09:24 The merger of the main and small and medium-sized enterprise boards at the Shenzhen Stock Exchange will enable companies to better leverage the capital market for growth and improve the overall efficiency, said experts. The China Securities Regulatory Commission had on Feb 5 given the green light to the Shenzhen bourse s request to merge the main board and the SME board to optimize the structure of the SSE s equity market. Following the merger on Tuesday, the operating mode for supervision and business rules for the two boards were unified. The listing requirements, investment threshold and trading mechanism remain unchanged, while stock codes and abbreviations have been merged, said Pi Liuyi, deputy director of the CSRC s department of market supervision. ....