Thursday, November 30, 2017
SFC raised the issue of delisting
ANBOUND
In less than two weeks from November 10 to November 22, the China Securities Regulatory Commission (SFC) raised the issue of delisting for three times. This has caused the market to sense that the regulatory intentions of the stock market to speed up the process of delisting. It is noteworthy that, in addition to the SFC, Shanghai and Shenzhen Stock Exchanges have also voiced their statements. For example, the Shenzhen Stock Exchange said it will resolutely implement the delisting's main responsibility and to delist companies that meet the conditions, in order to normalize delisting.