Report: China Securities Regulatory Commission Will Postpone Relisting Of 'ChinaHybrids' Going Private

Shares of many U.S. listed companies that have entered into non-binding going private offers over the past year are trading lower on Thursday. For example, shares of

were trading lower by more than 4 percent, as were shares of

. Other China-based companies saw smaller losses, such as

and

. All of the previously mentioned companies have either received non-binding going private offers or have reached definitive agreements to go private. According to

a news report surfaced in Chinese media that has not been disseminated by western media sources. Geo Investing cited a report from

which stated that there is a rumor that the China Securities Regulatory Commission will postpone the relisting of the "ChinaHybrids" that have been taken private or plan to go private. "Specifically the article rumored that a relisting in China through buying a shell company, a restructuring process or IPO might be restrained," Geo Investing noted.