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Hanergy trading continues in private

Shareholders in Hanergy Thin Film

are doing an unusually brisk trade via private deals despite the stock being suspended, as investors weigh up the risks of a prolonged trading hiatus and a regulatory probe.

The trades are mostly brokered by banks that try to match would-be buyers and sellers in the absence of an established market price — a practice that results in deals being made at large discounts.

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