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China to toughen stock delisting rules

2014-10-17 16:55 Xinhua Web Editor: Gu Liping
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China will tighten delisting rules to "forcefully" oust companies from the equity market for major law violations, the China Securities Regulatory Commission announced on Friday.

Share trading of a company will be suspended after it is caught cheating in share issuance or information disclosure by the commission.

A stock exchange should, in principle, delist such a company within one year after the suspension.

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