China Says New Market Rules Won’t Lead to Massive Delistings
From Bloomberg: 2024-04-16 13:32:12
China’s securities regulator reassures investors about new stock exchange rules, saying they won’t lead to a surge in delistings. The rules target “zombie” companies, not small caps. Guo Ruiming, a CSRC director, stated the changes will not have a significant impact on the market in the short run.
Read more at Bloomberg: China Says New Market Rules Won’t Lead to Massive Delistings