290 Firms in SSE Conduct Non-tradable Share Reform
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[March 10, 2006]

290 Firms in SSE Conduct Non-tradable Share Reform

(SinoCast Via Thomson Dialog NewsEdge)SHENZHEN, Mar 10, 2006 (SinoCast via COMTEX) --Currently, 290 listed companies in Shenzhen Stock Exchange (SSE) have concluded or started non-tradable share reform, and their market value took over 60% of the total of companies in the exchange.



The overall market value of 16 public companies, the 23rd batch of companies started the reform, reached CNY 30.249 billion, making up 3.17% of the total value of the main board in Shenzhen stock market, sources close to the matter disclosed.

These companies include Guangzhou Baiyunshan Pharmaceutical, Shanxi Sanwei Group, Hebei Chengde Lolo, Shenzhen Neptunus Bioengineering, Shenzhen Accord Pharmaceutical, Lander Real Estate, Shaanxi Jinye Science Technology and Education, Henan Shuanghui Investment and Development, Shenzhen Techo Telecom, Guangxi Hechi Chemical, Shantui Construction Machinery, Shandong Xinhua Pharmaceutical and so on.



Separately, Baiyunshan, Shantui and Xinhua Pharmaceutical are key local state-owned companies. Henan Shuanghui is the one among top 100 companies with the most market value in the stock exchange.

From www.nbd.com.cn, Page 1, Thursday, March 09, 2006
info@SinoCast.Com

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