SCMP acquisition talk

SCMP bemused by share spike

Publisher of the Hong Kong daily newspaper at a loss to explain surging stock price, despite admission of acquisition talks.
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SCMP's Hong Kong-traded shares will resume trading today
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<div style="text-align: left;"> SCMP's Hong Kong-traded shares will resume trading today </div>

Hong Kong’s stock exchange halted trading in SCMP Group yesterday after its shares soared almost 23% in morning trading.

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