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SGX conducts review after finding big role by group in Zhongmin's buy volume

Published Fri, Feb 5, 2016 · 09:50 PM

Singapore

SINGAPORE Exchange (SGX) is reviewing trading in Zhongmin Baihui Retail Group after finding out that a small group of individuals accounted for almost all the buy volume in the stock since October 2015, the market operator said on Friday after the market closed.

SGX "urges investors and potential investors to exercise caution" when dealing in shares of the China-based department store operator.

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