| Journal Call no. | HG6024.H6S42 |
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| Article Title | Suspension of stock trading and its consequences : discussed by Panel on 11 September 1997. |
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| Is Part Of | SFC bulletin ; no.27, Sep/Oct 1997, p.18-21. |
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| Abstract | A stock exchange is an organised marketplace for the trading of securities. Operators of such markets and their regulators have a duty to ensure that the marketplace is fair and orderly and trading there is undertaken on a fully informed basis. Where trading in a particular stock fails to meet such requirements, a standard practice adopted by markets all over the world is to suspend trading in the stock. In Hong Kong, the Exchange and the Securities and Futures Commission (SFC) have statutory responsibilities for the market and coordinates closely on questions of suspensions.Suspensions of stock trading and its consequences discussed by the Provisional Legislative Council Panel on 11 September 1997 are featured in this article. |
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