30 listed Chinese firms say big shareholders to extend selling ban
SHANGHAI A total of 30 Chinese listed companies have said so far that their controlling shareholders or senior executives would not sell shares on the secondary market within the next six or 12 months to help stabilize China's stock market after Monday's 7 percent slump, the official Shanghai Securities News reported on Wednesday.The market slump on Monday was partly triggered by fears that a six-month ban on share sales by listed companies' major shareholders, imposed during the height of a market Read more [...]