南北車“停牌”前高管買賣股票引爭議

請看《中國日報》的報道：

Media reports have suggested that more than 20 executives of the two companies — CNR Corp Ltd and CSR Corp Ltd — and their relatives have been found to have bought and sold stocks in each company during the six-month period prior to their trading suspension in October last year before the announcement of the merging plan.

媒體報道指出，在宣布南北車合并計劃前，中國南車股份有限公司和中國北車股份有限公司超20名高管及其親屬在去年十月停牌前六個月間買賣各自或?qū)Ψ焦善薄?/p>

“停牌”的英文表達是trading suspension。停牌是指股票由于某種消息或進行某種活動引起股價的連續(xù)上漲或下跌，由證券交易所暫停其在股票市場上進行交易。待情況澄清或企業(yè)恢復正常后，再復牌在交易所掛牌交易。“復牌”的英文表達是resume trading。

南北車高管此舉被指涉嫌insider trading(內(nèi)幕交易)，給南北車雙方的合并蒙上了陰影。南北車合并的目的是為了避免兩者在國際市場上的price competition(價格戰(zhàn))。合并有利于優(yōu)化兩者的technological edges, human capital and production capacity(技術優(yōu)勢、人力資本和生產(chǎn)能力)。