300 mainland-listed firms' stocks resume trading with little explanation

Precious few of the 300 listed Chinese firms that resumed trading on Tuesday were able to explain the reasoning behind their sudden suspension last week at the peak of a stock market rout that wiped out over US$3 trillion in market capitalization, South China Morning Post reported. Analysts viewed the sudden suspension last week of about 1,340 stocks in Shanghai and Shenzhen – and the equally abrupt return of some on Tuesday – with suspicion.  “It was something they used to duck market volatility,” said Leung Chun-fai, head of investment strategy with Standard Chartered Wealth Management. “But volatility and risks will continue even after they resume trading.”