SHANGHAI—Trading of Aeolus Tyre Co. Ltd. shares has been suspended on the Shanghai Stock Exchange since Dec. 28.
According to a stock exchange release on Dec. 25, Aeolus is “examining certain relevant issues,” and its stocks will be suspended until such examination is completed and results are disclosed.
The measure, it added, was “to ensure fair disclosure of information, to protect investors' interests and to avoid abnormal stock price fluctuations.”
Aeolus is part of China National Chemical Co. (ChemChina), which is putting the final touches on its takeover of Pirelli & C. S.p.A.