Affected by the 7.8-magnitude earthquake that occurred yesterday in Wenchuan County, Sichuan Province, stocks of 66 listed companies on the Shanghai and Shenzhen Stock Exchanges were suspended as of today.
Given the strong earthquake in Wenchuan County, Sichuan Province, the Shanghai Stock Exchange was unable to contact 45 listed companies in Sichuan and Chongqing, including Sichuan Road & Bridge, which are listed on the Shanghai Market. According to the "Stock Listing Rules," the Shanghai Stock Exchange decided to suspend trading of the stocks of these 45 companies starting from today until they issue announcements after which trading will resume.
Additionally, according to insiders from the Shanghai Stock Exchange, some companies would be able to clarify their situations and contact the exchange on the 13th, submitting announcements that will be published on the 14th, allowing the companies' stocks to resume trading simultaneously. The remaining companies, after understanding the extent of the impact and related situations, will also gradually issue announcements and resume trading.
The Shenzhen Stock Exchange announced yesterday that due to some listed companies in the Sichuan region temporarily being unable to disclose the impact of the earthquake, according to the "Stock Listing Rules," the exchange would implement a suspension of trading for 21 company stocks starting from May 13th.