Sina Finance

Deeply developed SFC2 hype intensifies, temporarily suspended twice in a day for the first time

http://www.sina.com.cn 14:51, June 16, 2008 Panorama Network

Panorama reported on June 16 that after SFC2 was suspended and resumed trading in the morning, the trend was volatile and fell. In the afternoon, there was a diving near 14:00, but it was soon adjusted. After 14:30, with more speculative funds involved, it accelerated its ascent, rising more than 11% in half an hour, and was temporarily suspended by the Shenzhen Stock Exchange to the stage of collective bidding for the second time today.

The Shenzhen Stock Exchange announced that the price of "Shenzhen Development SFC2" (securities code 031004) fluctuated abnormally in today's trading. In accordance with the relevant provisions of the Trading Rules of Shenzhen Stock Exchange and the Interim Measures of Shenzhen Stock Exchange for the Administration of Warrants, the Shenzhen Stock Exchange temporarily suspended the trading of the warrants from 14:47:10 today, resumed trading at 14:57, and resumed the closing call auction. (Panorama/Thunderstorm)

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