Source: CCTV.com

04-22-2008 11:01

China's stock exchanges are encouraging investors planning large share sales to use the off-market system for block trades, rather than selling their shares on the market.

China's stock exchanges are encouraging investors planning large share sales to use the off-market system for block trades, rather than selling their shares on the market.

The Shanghai and Shenzhen Exchanges said on Monday that they encourage investors to use the off-market system to sell more than 1.5 million shares in a listed company in the space of a month.

The official Shanghai Securities News said the stock exchanges will send a notice their members and investors today (Tuesday) to explain the off-market system.

Editor:Xiong Qu