Two SOEs extend share suspension

China's largest coal miner Shenhua Group and energy producer China Guodian Corp, which are mulling a merger, have extended suspension of trading in their shares for the fifth time.

The latest suspension was till Friday. But, as the merger discussions are still on, the two State-owned enterprises made a joint statement on Friday that they have requested the Shanghai Stock Exchange to extend the suspension by one more month till Sept 4.

The merger discussions have already sorted out key issues like power production and post-merger operations.