June 1, 2018 / 9:21 AM / 3 months ago

Shanghai stock exchange adjust pricing mechanism for market close

SHANGHAI, June 1 (Reuters) - The Shanghai Stock Exchange said on Friday it plans to adjust the way closing prices are generated in a bid to adopt international practices and aid price stability.

SSE said on its website that it plans to adopt the auction mechanism for pricing at market close, and will seek public opinion on the change until June 17.

Reporting by Samuel Shen and John Ruwitch; Editing by Kim Coghill

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