Chapter 2177

At 10.55 am in the morning. 　　 Suddenly, Moore Group had a stock suspension. 　　 The stock suspension signified the temporary halt of trading. 　　 From this moment, the shares of Moore Group were sealed. There was no rise and fall until trading resumed. 　　 To apply for a stock suspension from the commission required a very strong reason. For Moore Group, the reason for the stock suspension was because the group had a huge announcement to make. 　　 Generally, stock suspensions happened before a listed group made an important announcement. This was to prevent insider trading and stop the informed from being opportunistic. For example, in the past, Amazing Tiger 360 used to be a very famous internet company. 　 They sought to be listed in Oskia and were able to be listed in the local A-shares albeit via the backdoor. 　 This was the so-called backdoor listing. 　　 To put it plainly, when a company could not fulfill certain requirements set by the commission for public listin