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CINEMASCOPE: ENTERTAINING BUT NO CONVERSATION STARTER

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BEIJING: China’s Shanghai Stock Exchange will run tests on its auction and various other platforms o

BEIJING: China’s Shanghai Stock Exchange will run tests on its auction and various other platforms on Sunday, the state-run reported on Saturday, a day after an unexplained transaction delay. Friday’s delay on trades at the benchmark Shanghai Composite Index coincided with a Chinese stock rally that followed official announcements of a slew of monetary, liquidity and fiscal stimulus this week. All market participants can participate in Sunday’s test, which will seek to identify issues with processing a large number of orders during the auction process, the report said. The test will simulate a normal day’s trading and clearing.

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