Apr 13, 2024 04:10 AM

FINANCE

CSRC Embarks on Market Clean-up with Stricter Criteria for Delisting

By Quan Yue and Denise Jia

00:00

00:00/00:00

Listen to this article 1x

A total of 135 companies have delisted from China’s A-share market since 2020.

A total of 135 companies have delisted from China’s A-share market since 2020.

China’s securities regulator issued guidelines Friday for the strict implementation of delisting regulation to improve the stock market and protect investors’ interests.

The China Securities Regulatory Commission (CSRC) promised to clear out “zombie shell” companies and “black sheep” stocks and reduce the value of shell resources through stricter delisting regulation, while expanding diverse exit channels and strengthening investor protection.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Download our app to receive breaking news alerts and read the news on the go.

Get our weekly free Must-Read newsletter.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: China Wraps Up Golden Week

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Deep Dive: China’s Fiscal and Monetary Stimulus Combo

00:00

00:00/00:00

MOST POPULAR

1: Exclusive: China May Add 6 Trillion Yuan in Treasury Bonds to Buttress Economy

2: Finance Movers and Shakers: Sovereign Fund Unit’s New President, Ex-Central Bank Deputy’s Death Sentence

3: Briefing: Chinese Stocks Fall Ahead of Expected Fiscal Stimulus Announcement

4: China Unveils Fiscal Stimulus Targeting Property Market, Local Government Debt

5: Caixin Explains: The Power Grid’s Solar and Wind Problem

SPONSORED

OR