CHINA

Trading Suspended in One Stock: China has for the first time suspended trading of a stock on one of its two fledgling markets, a move Hong Kong brokers said could hurt confidence in the markets. The Hong Kong-based China News Service said trading in Champaign Industrial was suspended in Shenzhen, a Special Economic Zone across the border from Hong Kong. Brokers said the suspension of Champaign had been expected and might be justified. But they added that it cast a spotlight on the still far-reaching authority of a Communist state. Champaign, whose stockholders include businessmen from the United States, Australia and Hong Kong, has been under investigation since April by the local branch of the state-owned People’s Bank of China. The bank supervises trading in the market, which opened as China’s second stock market in July, 1991.