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CSRC To Set Transition Period For Delisting

CHINA PRESS
MNI (Singapore)

China’s top securities regulator said the new delisting rules will not impact the market in the short term as it has made arrangements about a transition period, Guo Ruiming, director of the Listed Company Supervision Department of the China Securities Regulatory Commission said in a statement on its website. There are about 30 companies that could be subject to delisting according to the applicable combined financial indicators in the Shanghai and Shenzhen Stock Exchanges next year. About 100 companies may receive delisting risk warnings and be given more than a year and a half to improve their operations before end-2025.

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