The Commission issued a formal implementation of the delisting system in November 16th

In October 17th, Chinese the SFC issued a formal "several opinions on reform and improve and strictly implement the delisting system of the listing Corporation (hereinafter referred to as the" delisting "opinion"), since November 16th onwards. This is important for substantive results, the SFC to actively implement the new "country of nine", the future will become the norm of active delisting.

A sound listing Corporation active delisting system is still "delisting" views of the largest one of the highlights, in addition, "opinions" clear delisting implementation of major illegal companies forced to withdraw from the market, the strict implementation of market trading, financial class forced to withdraw from the market index, and further defines the compensation liability and the relevant responsible persons of serious violations of the company.

The Commission spokesman Zhang Xiaojun said, "opinions" delisting than July 4th draft made five major revision. In order to better protect the legitimate rights and interests of small shareholders, Securities Regulatory Commission to further improve the internal decision-making procedures active delisting. Among them, the relevant content is amended as "required by the shareholders present at the meeting of the voting rights held by more than 2/3, and is subject to the small and medium-sized shareholders attending the meeting of the voting rights held by the 2/3 through".

He said, the SFC will guide further strict implementation of the Shanghai and Shenzhen Stock Exchange delisting delisting system of job responsibility, strict implementation of the requirements of the code, to achieve "the emergence of a, delisting a" resolutely safeguard the solemnity and authority of the delisting system.