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China's Nasdaq-style board start trading.

BBC Monitoring International Reports

| October 30, 2009 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report in English by official Chinese news agency Xinhua (New China News Agency)

SHENZHEN, Oct. 30 (Xinhua) - All 28 stocks on China's new Nasdaq-style market for small and medium-sized companies had been temporarily suspended on its opening day Friday.

The stocks on the ChiNext exchange in Shenzhen, Guangdong Province, had all been suspended at least once Friday under rules to prevent wild fluctuations in share prices.

To reduce speculation, the Shenzhen Stock Exchange issued special suspension rules if any stocks fluctuate too wildly on the first day of trading on ChiNext.

Under the rules, if any stock fluctuates beyond 20 per cent from …

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