When China GaoXian requested for a trading halt on March 21, 2011 at 6.32pm - alarm bells have started to ring.  The Trading Halt was called shortly after the company received a request from the SGX about the unusual trading activity on March 21, 2011.  I was out of the office for most of March 21, 2011 but sensed something was wrong given the sharp intra-day price decline on good volume.  The chart below shows what happened that day and since its listing.

From the sharp price decline on March 21, 2011, the natural assumption is that there must be some issues which could be price sensitive that some participants in the market know but which has ...