(Yicai Global) Nov.20 – The Shenzhen Stock Exchange has stipulated that Chinese property firm Yinyi must continue trading after putting its equity on hold for three months. The company's stock fell almost 10 percent to close at CNY5.07 (USD73 cents) today.

The SZSE decided that Yinyi [SZ:000981] must start trading again today, which it has the right to do to protect the legitimate rights and interests of investors, as well as to maintain market order, the bourse said in a statement. 

Yiyin suspended its stock due to restructuring issues that emerged at the at the beginning of August, a data unit under Securities Times reported today. The stock had its peak so far this year at CNY10.7 on Oct. 5.

The China Securities Regulatory Commission demanded a reduction of maximum suspension periods used for asset restructuring on Nov. 16, which may force other firms that are holding back their shares to return to the hell ride. 

Yinyin did a lot of work during the suspension period, including talking with the "pledgee" and seeking strategic investors, the company said. The risk of liquidation of major shareholders is at a manageable stage and there is currently no substantial liquidation risk, it added. 

Editor: Emmi Laine