More time needed for verdict on China's trading halt pledge
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Shanghai
INVESTORS need more time to assess China's pledge to stamp out arbitrary stock trading halts, MSCI Inc says. China Vanke Co is shaping up as a test case.
Vanke, whose mainland-listed shares have been suspended since Dec 18 pending a reorganisation, needs more time to resume trading. The company had earlier said that its trading halt will stay in place until no longer than June 18.
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