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Shenzhen Bourse Suspends Focus Media M&A Review

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Focus Media Information Technology (SHE:002027) said the Shenzhen Stock Exchange has suspended its review of the company's planned acquisition of 90.02% of Chongqing JD Haijia E-commerce, Zhang Jixue and Baidu Online Network Technology.

The suspension stems from expired financial data in the application documents, with the audit report based on September 30, 2025, having a validity deadline of June 30, 2026, according to a Thursday filing with the Shenzhen bourse.

Shares of the advertising company were up 1% in recent trade.

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