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.



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