The deadly earthquake in Sichuan province had little effect on most listed companies operating in the area, Caixin reported. Ninety-one public companies with operations in the quake zone – 55 listed in Shenzhen and 36 in Shanghai – said in statements to the exchanges that no employees were hurt and no assets were damaged. However, eight companies reported significant losses, including Sichuan New Hope Group (000876.SZ) and China Resources Sanjiu Medical & Pharmaceutical (000999.SZ). The magnitude 7.0 quake struck on the morning of April 20, killing at least 188 people and injuring thousands.
You must log in to post a comment.