China to improve mandatory and voluntary delisting systems

The Central Committee of the Communist Party of China and the State Council announced that they will improve the system of forced delisting and voluntary delisting.

The Central Committee of the Communist Party of China and the State Council announced that they will improve the system of forced delisting and voluntary delisting.

The Chinese government will accelerate the establishment of a standardized, transparent, open, dynamic and resilient capital market, strengthen the establishment of a capital market infrastructure, and promote the reform of the stock issuance registration system with information disclosure at its core.

It will improve the quality of listed companies and strengthen investor protection. Explore the implementation of a corporate credit bond issuance registration management system.

The government will also build a multi-level, wide-covering and differentiated banking system that is compatible with the real economic structure and financing needs.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/19/china-to-improve-mandatory-and-voluntary-delisting-systems/.

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