Shanda Games’ Re-Listing Stalled As Ningxia Zhongyincashmere Faces Lawsuits

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The domestic re-listing of Chinese online gaming operator Shanda Games Ltd. has stalled after Shenzhen-listed shell company Ningxia Zhongyincashmere International Group was sued by investors for overselling Shanda shares and improperly reducing their stakes, according to public filings (in Chinese).

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