Multiple fund companies adjust the valuation of suspended stocks
On March 11th, China Europe Fund announced that it would use the index return method to value the suspended stock Jiaozuo Wanfang, and would resume using the closing price on the day of resumption once the stock is back on the market and trading reflects active market characteristics. Recently, several fund companies have adopted the index return method for valuing suspended stocks, including Jiaozuo Wanfang, NSIG, and Naruida. In terms of the progress of resumption, Naruida and NSIG have already resumed trading, with post-resumption stock price performances varying. The related stocks are holdings of certain funds under some fund companies, and even include heavy positions. (Daily Economic News)
