CHINA-ECONOMY: SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP. ALLOWED TO TRADE SHARES ON OTCQX TILL FEBRUARY 1

Caixin (January 11) reported that China’s large maker of microchips, the Semiconductor Manufacturing International Corp. (SMIC), has received a brief reprieve after being told last week that its shares would immediately be barred from the OTCQX Market, an over-the-counter Wall Street securities market. SMIC said it was notified by the OTCQX Market operator that trading in its shares could continue until Feb. 1, according to an announcement to the Hong Kong Stock Exchange on January 10. As a result, trading in the shares, which had been suspended last Wednesday, was being allowed to resume on January 11.







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