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China Unicom to Suspend Trading in Shares for Another 20 Days

02 May 2017 - China Unicom
China Unicom announced on the night of April 25 that it was planning and conducting the mixed ownership reform and communicating with relevant government departments about that.

China Unicom aims to introduce strategic investors through private offerings of shares, but the specific implementation plan involves the prior approval procedure of a number of government authorities with uncertainties.

The company claimed to continuously keep its stock halted for 20 days since April 26.

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