December 25th, 2006
Dear participant,
Holidays of 2007 are as follows:
1. Saturdays and Sundays are holidays throughout the year.
2. Settlement of Shanghai B Share is closed during the following national holidays.
The New Year’s Day
The market is to close from January 1st to 3rd. There is no settlement during the above period. Settlement date for trades completed on December 27th, 28th and 29th, 2006 is January 4th , 5th and 8th, 2007 respectively.
The Spring Festival
The market is to close from February 19th through February 23rd. There is no settlement during the above period. Settlement starts on February 26th. Settlement date for trades completed on February 14th, 15th and 16th, 2007 is February 26th, 27th and28th, 2007 respectively.
The Labor Day
The market is to close from May 1st through May 7th.There is no settlement during the above period. Settlement starts on May 8th. Settlement date for trades completed on April 26th, 27th and 30th, 2007 is May 8th, 9th and 10th, 2007 respectively.
The National Day
The market is to close from October 1st through October 5th. There is no settlement during above period. October 8th is U.S. banking holiday. Settlement starts on October 9th. Settlement date for trades completed on September 26th, 27th and 28th, 2007 is October 9th, 10th and 11th, 2007 respectively.
3. According to the U.S. banking holiday arrangements, B share settlement will be closed on the following dates:
New Year’s Day January 1st, 2007
Birthday of Martin Luther King, Jr January 15th, 2007
Washington’s Birthday February 19th, 2007
Memorial Day May 28th, 2007
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