Chinese Trading Halts Leave 43% of Entire Stock Market Frozen
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At least 1,249 companies have halted trading on mainland Chinese exchanges, accounting for 43 percent of total listings.
The suspensions have locked up a minimum $2.2 trillion of shares, or 33 percent of China’s market capitalization, according to data compiled by Bloomberg. Some 917 companies have suspended trading on Shenzhen’s bourse, and 332 in Shanghai, before 9 a.m. local time Wednesday.