The Man in Power After Being Married into Her Family by Adela

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. 5 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. 5

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. 3

the commission for public listing or normal listing channels and the waiting time was too long, it would rather buy another listed company to enable it to reach the target of being listed although

backdoor listing was mainly because it saved a lot of time. If they were to

decided on a backdoor listing, all the shareholders were guessing on one thing-which listed company would

targeted backdoor company beforehand, they would be able to buy that company's shares earlier. Then, when 360 successfully managed to be listed, they would earn a lot of money when the

the upper management would know the details, and it was highly

due to important matters, people only then realized that actually,

shares had been suspended. There was no trading, and even the chance to do

Group's situation was also the

would transform from a leaderless group to one where a new chairperson would take over. This was good news for the company. Thus, an announcement was needed after the

6

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am, at Moore Group's

invited journalists were already on the

investors also paid attention