24th December 2024 – (Beijing) China’s top securities regulator has responded to circulating online rumours regarding the potential delisting of several companies, advising investors to consult authoritative sources for accurate information. Wang Li, spokesperson for the China Securities Regulatory Commission (CSRC), affirmed that delisting decisions are governed by stringent criteria, reinforcing the commission’s commitment to advancing regulatory practices in a lawful manner.
Wang’s comments come in the wake of reports suggesting that 36 companies may face delisting, while an additional 66 could receive warnings about delisting risks. These claims have created uncertainty within China’s capital markets. The CSRC has reiterated its dedication to maintaining market stability and ensuring that any regulatory actions are conducted transparently and according to established legal frameworks.
