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Trading Halt for 33 Companies with $15 Billion Market Value in Hong Kong, 85 Companies on Mainboard Suspended for More than 3 Months
1st April 2022 | Hong Kong
Trading in 33 companies with $15 billion market value have been halted on the Hong Kong Exchange after missing deadlines to report 2021 annual results. The companies include Kaisa Group, Sunac China Holdings & Shimao Group. 85 companies on the Hong Kong Mainboard have been suspended for more than 3 months, and 19 companies on GEM (market for small to mid-sized companies) have been suspended for more than 3 months.
“ Trading Halt for 33 Companies with $15 Billion Market Value in Hong Kong “
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Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets. HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.
HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited. This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange (QME), in China, in 2018.
HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017. Visit: www.hkexgroup.com
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