CHINA: Shenzhen Stock Exchange New Requirements on Periodic Reports Disclosure

Wednesday January 4 2017

Shenzhen Stock Exchange (SZSE) has announced that in order to implement the requirements stated in the CSRC-amended principles on the content and format of periodic reports and further normalise matters on the disclosure of SZSE-listed companies` periodic reports, it has recently revised the Memoranda on Matters Regarding Periodic Reports Disclosure.

With regard to periodic reports disclosure, SZSE, taking into account the regulatory practice, has defined requirements on disclosure time, including application term for delayed disclosure, information disclosure requirements, early reporting requirement on failure to disclosure periodic reports within a specified term.

Additionally, the disclosure on delisting risk evaluation of companies violating laws and regulations and coping measures has been added.

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