Hanergy Thin Film Power Removed From Stock Connect Program

(Beijing) – With trading of its shares suspended and a regulator's investigation underway, Hong Kong-listed solar equipment manufacturer Hanergy Thin Film Power Group has been removed from Shanghai-Hong Kong Stock Connect scheme, dashing its hopes that trading will restart soon.

On July 27, Hanergy was removed from the program, a pilot that allows investors in Hong Kong and on the mainland to trade a range of stocks listed on the other side's bourse, the Shanghai stock exchange said in a statement. Investors will no longer be able to buy the company's shares under the scheme, but can sell if trading resumes.