CSR and CNR announced that on 7 May 2015 they suspended the H Shares on Hong Kong Stock Exchange. The suspension of dealings will last until completionof the share exchange and resumption of dealings under thename of CRRC Corporation Limited.
Trading in the shares in the two companies was suspended again on March 30 because waiting the regulatory approval of the merger.
The price of the shares of CNR and CSR jumped about times since the announcement of merge process, in December.
In April, the merger between China’s two largest train builders has been approved by China’s Securities Regulatory Commission and the Ministry of Commerce.
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