Tuesday February 3 2015
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: China
Link: http://english.sse.com.cn/aboutsse/news/c/c_20150203_3878725.shtml
The Shanghai Stock Exchange (SSE) has revised three supporting rules for delisting including the “SSE Measures on Re-listing of Delisted Companies”, the “SSE Detailed Rules on Business in Delisting Arrangement Period”, and the “SSE Provisional Regulations on Stock Trading on Risk Alert Board” in accordance with the “Opinions on Reform, Improvement and Implementation of the Delisting System of Listed Companies” of the China Securities Regulatory Commission (CSRC) and the “SSE Stock Listing Rules (Revised in 2014)”.
The above-mentioned three supporting rules for delisting have been discussed and approved by the SSE’s Board of Governors and got approval from the CSRC. The new rules will take effect on the release date.
Click link above for further details.