SHANGHAI, April 12 The Shanghai Stock Exchange
said on Wednesday it would investigate "abnormal trading" by an
unnamed brokerage in shares of Ping An Insurance Group Co
and Industrial Bank Co Ltd.
The exchange said in a statement that it had noticed massive
selling of Ping An and Industrial Bank shares by a certain
brokerage via an asset management account, which triggered
sudden falls in the stocks just moments before the market close
The exchange said it immediately suspended trading in that
account and would talk to the brokerage's manager and
investigate into the issue.
The two companies' share prices recovered by market close,
with Ping An ending down 0.5 percent and Industrial Bank falling
(Reporting by Samuel Shen and John Ruwitch; Editing by