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But the senior managers of the company sold most of their holdings after the share price rose strongly on the back of the padded corporate earnings while individual investors suffered serious losses as the stock price tumbled from a high of 23.95 yuan per share to 8.13 yuan.
By Tuesday, 482 listed firms have repurchased their shares valued at nearly 24 billion yuan (.5 billion) in total via 655 operations, according to information service provider Wind.

By 2020, Shanghai is set to work on about 60 major industrial projects, each worth over 1 billion yuan. The development of intelligent connected vehicles is on the list.
But the action taken by the police to reprimand Li was inappropriate, and the law enforcement procedure was also not up to standards, according to the report of the investigation.
But the recovery also revealed the customers' preference for international brands. Sales of Chinese-branded passenger cars fell by 9.4 percent on a yearly basis to 532,000 units in April. The combined market share of Chinese brands fell by 2.6 percentage points to 34.6 percent during the month. Though still the lion's share, it was the lowest since July 2014. The share in the first four months fell by 1.2 percentage points from the same period last year to 38.1 percent.
来源:资阳报