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SHIMAO GROUP Once Plunges 30% as Its Removed from Southbound Trading of Stock Connects Stock List
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The Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE) announced the latest stock list for Southbound Trading of Stock Connects, removing 33 stocks, including many Chinese developers.

SHIMAO GROUP (00813.HK) opened 3.33% lower today (10th) before its decline intensified, and once plunged 30% to a low of $0.42. It last printed at $0.45, down 25%, with 64.8847 million shares traded, involving $31.7594 million.

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CIFI HOLD GP (00884.HK) last tumbled 20.08% to $0.191, while POWERLONG (01238.HK) last plummeted 21.84% to $0.34. SINO-OCEAN GP (03377.HK) slumped 17.18% to last at $0.188, while AGILE GROUP (03383.HK) last printed at $0.34, down 15%. CHINASOUTHCITY (01668.HK) last printed at $0.154, shrinking 8.33%.
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