Beware the risk of gem delisting

"Happy to manage a little pass" column quality unqualified goods should be withdrawn, the same, not meet the standards of listed companies should also be withdrawn from the city, this compulsory delisting system helps to maintain the competitive order of the fittest in the securities market, fully protect the legitimate rights and interests of investors. Recently announced the "Shenzhen Stock Exchange Gem Stock listing Rules (draft)" On the gem listed companies of the mandatory delisting system made different from the motherboard requirements.　　Investors should be fully aware of these provisions, firmly establish the concept of prudent investment, to guard against the risk of delisting. and the main board of listed companies, GEM listed companies, the average scale is small, the operation is still not stable, with greater growth potential at the same time also contains a higher risk.　　Therefore, the application of strict delisting standards is to ensure the quality of gem listed companies to play the necessary resources to optimize the allocation of "filter valve." In the overseas gem market, the company retreat is a very common and normal market behavior, its return rate is significantly higher than the motherboard market.　　For example, Nasdaq, the United States, has about 8% of its companies retreating every year; Through the higher rate of withdrawal, the overseas gem market has formed a good signal transmission effect, gradually set up a strict restrictive mechanism to the listed companies to ensure the market image and the overall quality.　　Similarly, the strict delisting system also helps to prevent the previous motherboard market on the "shell resources" of the hype and the "junk stock" of flattery. China Merchants Securities