Sina Finance

SSE denies the extension of China Southern Airlines' put exercise

http://www.sina.com.cn 10:55, May 21, 2008 Beijing Times

News from our newspaper (reporter Ao Xiaobo) Because the investors in the disaster stricken areas of Sichuan were unable to participate in the stock market trading, in the face of the event that retail investors have appealed to the regulatory authorities to postpone the trading deadline of China Southern Airlines' put, the Shanghai Stock Exchange made it clear yesterday that the date of China Southern Airlines' put exercise would not be changed.

Recently, some investors holding the put certificate of China Southern Airlines appeared in the market and appealed to the Shanghai Stock Exchange to postpone the exercise of the put certificate of China Southern Airlines. Because there are many holders of the put certificate of China Southern Airlines who suffered from earthquake disaster in Sichuan, they cannot trade at present, and the certificate will return to zero when it expires on June 20.

Yesterday, the SSE officially issued a notice indicating that the relevant media reports were seriously untrue. SSE does not intend to make any adjustment on the put exercise of China Southern Airlines.

according to Southern airlines It was announced that the duration of the "China Southern JTP1" put warrant was 12 months from June 21, 2007 to June 20, 2008. The trading shall be terminated five trading days before the expiration of the duration. The last trading day of the "China Southern JTP1" put warrant is June 13, and the trading shall be stopped from June 16.

Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.

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