Shares of restructuring companies in market limelight

More than 300 domestic listed companies have applied for mergers and acquisitions (M&As) so far, triggering a new round of investment heat on restructuring stocks in the second half of the year.

As their plans are under review by the country's securities regulator, investors expect more stocks are likely to "change faces" and consolidate business in the second half of the year, cnstock.com, a website run by Shanghai Securities News, citing an insider said.

Restructuring stocks were always apples in investors' eyes, as they usually perform much better than earlier in the domestic A-share market. Shunfa Hengye Co gained nearly 1,809 percent month-on-month after trading in its shares was resumed.