San’an Opto Suspends Trading on China’s Bourse

San’an Opto announced Tuesday it has suspended trading on China’s bourse, due to the uncertain outcome of partnership talks with China National Semiconductor Industry Investment Fund.

The company cited uncertain outcome of the talks, the need to protect investor profits from abnormal share value fluctuations and ensure fairness as the main reasons to suspend trade.

The company has applied for trade suspension on June 2, 2015.

San’an Opto has suspended trade since June 9, 2015, and according to Shanghai Stock Exchange regulations the company’s trade suspension should be no longer than five trading days.

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