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.”
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