Hong Kong regulator orders trading halt for Town Health, China Wah Yan

SoftMedx Healthcare

27/11/2017 02:45

HONG KONG, Nov 27 (Reuters) - Hong Kong's securities 
regulator on Monday ordered a trading halt in all shares of Town 
Health International Medical Group Ltd  3886.HK  and China Wah 
Yan Healthcare Ltd  0648.HK , without giving further details. 
    Shares of medical and dental services provider Town Health 
have fallen 44.8 percent so far this year, while shares in  
China Wah Yan have dropped 55.8 percent. 
    The companies said the Securities and Futures Commission 
(SFC) issued the trading halt under Rule 8 of Hong Kong's 
listing rules which says trade can be stopped "on grounds that 
the market is misinformed, disorderly or unfair". 
    The SFC declined to comment. Representatives for the 
companies were not immediately available for comment. 
     
 
 (Reporting by Donny Kwok; Editing by Edwina Gibbs) 
 ((donny.kwok@thomsonreuters.com; +852 2843 6470; Reuters 
Messaging: donny.kwok.reuters.com@reuters.net)) 
 
Keywords: TOWN HEALTH REGULATOR/