MarketsA-sharesNews brief

July 27: Several A-share firms suspend trading on control change plans, some controllers to exit

Published: Updated: By 24TopNews Editorial Desk

On July 27, listed companies including PuLian Software, Xintian Technology, Jiayun Technology, Beiken Energy, and Lianchuang Electronics were suspended from trading as they planned changes in control. Company announcements show that actual controllers are transferring their equity stakes, with some planning to fully exit. The concentration of multiple listed companies planning control changes indicates a warming of 'shell trading' in the capital market.