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BUSINESS TODAY 31 March 2022

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31.3.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES BOV 6,198 4,871.09 2 0.790 0.785 0.785 0.790 0.000 HLI 500 127.00 1 0.254 0.254 0.254 0.254 0.006 IHI 17,315 9,843.93 3 0.575 0.545 0.560 0.575 0.030 MPC 190 103.55 1 0.545 0.545 0.545 0.545 0.015 MSC 5,000 2,000.00 1 0.400 0.400 0.400 0.400 -0.050 RS2 1,823 3,062.64 1 1.680 1.680 1.680 1.680 -0.020 SFC 7,520 62,666.00 3 8.350 8.300 8.300 8.350 0.150 GOVERNMENT STOCKS G23A 6,989 7,524.36 1 107.660 107.660 107.660 107.660 -0.050 G32A 3,000 4,038.00 1 134.600 134.600 134.600 134.600 -0.200 CORPORATE BONDS 1923A 10,000 10,025.00 1 100.250 100.250 100.250 100.250 0.000 AX26A 7,700 7,679.00 2 99.750 99.500 99.750 99.500 -0.500 AX32A 10,000 10,049.00 1 100.490 100.490 100.490 100.490 0.240 BV30A 25,000 25,125.00 1 100.500 100.500 100.500 100.500 -0.500 BX27A 2,000 2,050.00 1 102.500 102.500 102.500 102.500 1.900 CC30A 21,000 21,304.00 3 101.450 101.440 101.450 101.450 0.000 EN29A 50,000 49,000.00 1 98.000 98.000 98.000 98.000 -1.000 GH27A 5,000 5,175.00 1 103.500 103.500 103.500 103.500 2.500 GO31A 20,000 20,457.00 4 102.700 102.250 102.250 102.700 0.500 HF27A 5,000 5,049.50 1 100.990 100.990 100.990 100.990 0.490 HF29A 25,900 25,660.50 3 99.500 98.500 99.500 99.500 -0.500 HM24A 900 927.00 1 103.000 103.000 103.000 103.000 0.000 HP25A 15,000 15,193.12 2 101.490 101.000 101.000 101.490 1.440 IH26A 21,000 21,180.00 5 101.000 100.500 101.000 100.500 0.000 IH26B 2,000 1,980.00 1 99.000 99.000 99.000 99.000 0.000 MD26A 10,000 10,134.00 2 101.500 101.100 101.500 101.100 0.080 MI22A 4,500 4,432.50 1 98.500 98.500 98.500 98.500 0.000 MM26A 12,000 12,229.00 2 101.990 101.500 101.500 101.990 -0.010 MO31A 30,500 30,921.50 4 101.400 101.300 101.400 101.300 0.000 SA32A 41,000 42,845.00 3 104.500 104.500 104.500 104.500 0.000 SD27A 10,500 10,606.05 4 101.130 100.500 100.500 101.130 0.880 TI27A 9,000 9,180.00 2 102.000 102.000 102.000 102.000 0.000 Malta Stock Exchange Regulated Main Market Trading Date: 30 March 2022 China US$9 billion IPO plans stalled amid COVID-19 outbreak MORE Chinese companies are halting domestic listing plans, filings show, as the country's big- gest coronavirus outbreak in two years hampers due diligence and information gathering, affecting an estimated US$9 billion-plus in fundraising. Over the past week, 15 com- panies seeking initial public of- ferings (IPOs) on Shanghai's tech-focused STAR Market have suspended applications, almost all citing impacts from the epidemic, exchange filings showed. e city started lockdowns on Monday. In Shenzhen, which conducted three rounds of mass testing in March, 67 IPO applicants target- ing the start-up board ChiNext have suspended the listing process this month, citing the need to up- date disclosure to regulators, ac- cording to filings. In all, the suspensions potential- ly delay fundraising worth 60 bil- lion yuan (US$9.4 billion), official newspaper Securities Times esti- mated. at's equivalent to more than one-tenth of China's rough- ly US$84 billion in domestic IPO fundraising in 2021. e real impact on IPO fundrais- ing is likely bigger, as listing hope- fuls on China's main equity boards are not required to make timely disclosures on the vetting process. The share sales disruption piles pressure on an economy already suffering from developers' debt woes, anaemic consumption, and contagion from the Ukraine cri- sis. Due Diligence To minimise the impact, the Shanghai Stock Exchange has vowed to maintain the steady op- eration of capital markets during the "special" virus control period. e bourse said on Sunday it would continue to vet share sale plans by STAR Market candidates and strengthen online communi- cations with issuers and under- writers. Nevertheless, a growing num- ber of IPO applicants are pressing the pause button, at a time when many companies are required to update their financial results. Nanjing CIGU Technology Corp, which plans to list on STAR, said on Tuesday it is applying to the Shanghai bourse to suspend vet- ting of its application. "Due to the epidemic, the com- pany and intermediary agencies cannot complete due diligence, or answer regulators' queries during the stipulated time period," the company said. Other STAR candidates which halted IPO plans over the past week include Guangzhou Xair- craft Technology Co, CICT Mo- bile Communication Technology Co and Yuanjie Semiconductor Technology Co. In Shenzhen, companies includ- ing Guangdong Lvtong New Ener- gy Electric Vehicle Technology Co, Plotech Technology (Kunshan) Co and Shenzhen Mould-Tip Injec- tion Technology Co have halted IPO plans over the past month, according to exchange filings. 3.8% HLF 2029 A gong is pictured before the listing ceremony of the first batch of companies on STAR Market, China's new Nasdaq-style tech board, at Shanghai Stock Exchange (SSE) in Shanghai

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