Beijing Stock Exchange asks “major shareholders” to refrain from selling – NehalBlog

Enterprise and Finance

Reuters exclusively reported that the Beijing Inventory Change has de facto applied a brand new coverage that forestalls main shareholders of firms listed on its alternate from promoting shares, fearing that such gross sales may stifle a much-desired restoration.

Market impression

The Beijing Inventory Change is presently dwelling to 232 firms with a mixed market capitalization of 366 billion yuan (50 billion {dollars}). For comparability, the Shanghai Inventory Change is dwelling to 2,256 firms with a complete worth of 47 trillion yuan, whereas practically 3,000 firms listed in Shenzhen have a complete market. capitalization of 31.9 trillion yuan. The Shanghai Composite Index (.SSEC) is up 0.4% this month, whereas the Shenzhen Composite Index (.SZI) is down 0.8%.

Article tags

Subjects of curiosity: Enterprise and Finance

Sort: Better of Reuters

Sectors: Enterprise and FinanceMonetary companies

Areas: Asia

International locations: China

Kinds of winnings: Exclusivity

Kinds of tales: Unique / Scoop

Buyer impression: Essential nationwide historical past

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