HONG KONG Oct 7 Hong Kong's securities watchdog
will let Chinese solar company Hanergy Thin Film, the
subject of a high-profile investigation for alleged market
manipulation, resume trading provided it meets certain
conditions, a source with direct knowledge of the issue told
The Securities and Futures Commission (SFC) has told Hanergy
that in order to resume trading, the company must appoint a
financial adviser to draw up and submit a resumption proposal,
the source said.
Another condition was that the company must also appoint an
auditor to submit a "clean report" signing off on the health of
the company's accounts, the source told Reuters.
SFC declined to comment. Hanergy Thin Film did not respond
to calls and emailed requests for comment.
(Reporting by Clare Jim; Additional reporting by Michelle
Price; Editing by Kim Coghill)