Why is Western Resources suspended, what does it mean for Western Resources to suspend a stock and s

Updated on Financial 2024-04-25
3 answers
  1. Anonymous users2024-02-08

    Summary. The suspension of trading is not able to trade normally, and the sell sign indicates that the investor who holds the ** can resuspend trading on the exchange, which means that the ** will no longer continue to trade, usually for several reasons: the company is facing a major event, drafting a new agreement or carrying out a recapitalization.

    During the suspension period, ** will not be able to be traded, and ** will not be able to be bought and sold. In the suspended state, because it is impossible to buy and sell, the dealer automatically closes the position, so the ** sell, that is, the automatic closing of the **the**. During the suspension period, you should pay attention to the news and company announcements, abide by the market rules, and choose whether to buy or sell the ** according to your own judgment.

    After the suspension ends, the ** will be re-listed and can continue trading. Dispose of their holdings in the form of a sell before the new market opens.

    The suspension of trading is unable to trade normally, and the sell sign indicates that the investor who holds the ** can resuspend trading on the exchange, which means that the ** will no longer continue to trade, usually for the following reasons: the company is facing a major event, formulating a new agreement or ordering the recapitalization of the company. During the suspension period, ** will not be able to be traded, and ** will not be able to be bought and sold.

    In the suspension state, because it is impossible to balance and change the knowledge of ** to buy and sell, the dealer automatically closes the position, so ** shows sell, that is, automatically closes the **the**. During the suspension period, you should pay attention to the news and company announcements, abide by the market rules, and choose whether to buy or sell the ** according to your own judgment. After the suspension ends, the ** will be re-listed and can continue trading.

    Before the new market opens, it will dispose of its holdings in the form of selling.

    You've done a great job! Can you elaborate on that?

    A suspension in the market means that the company will not continue to trade, usually for several reasons: the company is facing a major rollback, a new agreement is being drafted, or a recapitalization is underway. During the suspension period, ** will not be able to be traded, and ** will not be able to be bought and sold.

    In the suspended state, due to the inability to buy and sell, the trading group will automatically close the position, and the leakage will be displayed as a sell, that is, the position will be automatically closed. During the suspension period, you should pay attention to the news and company announcements, abide by the market rules, and choose whether to buy or sell the ** according to your own judgment. After the suspension ends, the ** will be re-listed and can continue trading.

  2. Anonymous users2024-02-07

    There are many reasons for the suspension, and according to the regulations of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, trading may be suspended under the following circumstances:

    The 2006 edition of the Trading Rules of the Shanghai ** Exchange stipulates that "if there is abnormal fluctuation in ** or closed-end trading, the Exchange may decide to suspend trading until 10:30 a.m. on the day of the announcement made by the relevant parties. According to the needs of market development, the Exchange may adjust the resumption time of suspension**.

    There are four types of situations listed in the Shanghai ** Exchange Trading Rules:

    1) The deviation of the daily **** rise and fall in three consecutive trading days has reached 20%;

    2) The deviation of the daily rise and fall of ST** and *ST** in three consecutive trading days reaches 15%;

    3) The ratio of the average daily turnover rate in three consecutive trading days to the average daily turnover rate of the previous five trading days reaches 30 times, and the cumulative turnover rate of the ** and closed** in three consecutive trading days reaches 20%;

    4) Other circumstances determined by the Exchange or the China Securities Regulatory Commission to be abnormal fluctuations.

    The Shenzhen ** Stock Exchange stipulates that if a listed company has any of the following circumstances, the exchange may report to the competent authority to suspend the trading of the listed company:

    1) When the company's accumulated loss reaches one-half of the paid-in capital.

    2) When the company's assets are insufficient to cover its debts.

    3) The company has a bank return or refusal to deal with the cheque due to financial reasons.

    4) The total number of registered shares held by all directors, supervisors and managers is lower than the provisions of the exchange.

    5) If the relevant information is found to contain false records, the listed company is required by the exchange to explain but fails to provide an explanation within the time limit.

    6) The directors of the company or the shareholders who perform business have violated the laws and regulations or the company's articles of association, and it is enough to affect the normal operation of the company.

    7) The company's business operation has significant difficulties or suffers significant damages.

    8) After the company's application for issuance of ** is approved, it is found that the application violates relevant laws and regulations, exchange rules or false circumstances.

    9) The company suspends business or may suspend business due to financial difficulties, and the court makes a ruling to stop the transfer.

    10) Declared bankrupt by the court's ruling.

    11) There are major changes in the company's organization and business scope, and the exchange deems it inappropriate to continue listing.

    In addition, a listed company shall request to stop listing and trading if it has any of the following circumstances:

    1) The listed company plans to reorganize.

    2) Listing ** plans to issue new tickets.

    3) The listed company plans to raise funds through rights issue.

    4) The listed company plans to pay dividends.

    5) The listed company plans to split or merge the listed company.

    6) The listed company plans to suspend trading.

    If the above situation occurs, it will appear in the **** table"Suspension of trading"words, the ** buy and sell will naturally stop, and the ** column is blank.

  3. Anonymous users2024-02-06

    Western Resources: Announcement on the company's continued suspension of trading.

    :600139 **Abbreviation: Western Resources Announcement No.: Pro 2014-088.

    Sichuan Western Resources Holding Co., Ltd. ****.

    Announcement on the company's continued suspension of trading.

    The Board of Directors and all directors of the Company guarantee that the content of this announcement does not contain false records, misleading statements or materiality.

    omissions, and assume individual and joint responsibility for the truthfulness, accuracy and completeness of its contents.

    The company's **transaction** was traded on September 26, September 29 and September 30, 2014 for three consecutive transactions.

    The deviation of the decline of Yi Ri **** has accumulated more than 20%, and according to the relevant regulations of the Shanghai ** Exchange, it belongs to the stock.

    Ticket trading is unusually volatile.

    In accordance with the relevant requirements of the Listing Rules of the Shanghai **Stock Exchange, the company actively participates in the above situation.

    and related issues to the controlling shareholder and actual controller, as of now, it is still being verified.

    In order to ensure fair information disclosure, safeguard the interests of investors, and avoid abnormal fluctuations in the company's stock price, Jingshen.

    Please, the company will continue to suspend trading until the relevant issues are verified and the announcement of abnormal trading fluctuations is disclosed.

    Resumption of trading. The information published by the company is designated as "Shanghai Daily", "China Daily" and "Times".

    and Shanghai **Exchange** (subject to the announcement, please investors.

    Invest rationally and pay attention to risks.

    The announcement is hereby made. Sichuan Western Resources Holding Co., Ltd. ****.

    Board of Directors.

    November 12, 2014.

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