Gem to be added to the market standards by the exchange publicly condemned three times that the withdrawal of the city

According to the economic report, the general manager of Shenzhen stock Market Liping first disclosed the principles and framework of the http://www.aliyun.com/zixun/aggregation/30320.html "> Gem delisting System". In the system design, the new two to terminate the listing criteria, the last three years have been publicly denounced by the exchange three times, or the company's shares for 20 consecutive trading days the daily closing price is lower than the nominal value of the company's shares are in the list. Expert analysis, to achieve the withdrawal effect, it is necessary to return to the city standard deterrent, and implementation as soon as possible.

In the design of delisting system, there are two criteria to terminate the listing. One of them is "three times in the last three years, which have been publicly denounced by the exchange", which is available in the delisting. Wuhan 17810.html "> Science and Technology University, Director of the Institute of Financial Securities, Dongdengwen that to achieve the effect of delisting, the public condemnation of listed companies institutionalized is a key.

Dongdengwen: The number of public condemnation with a certain degree of subjectivity, not a very substantial standard, such as what kind of behavior should be included in the public condemnation, this article is more subjective, even with a certain degree of randomness. We also need to look at his future effect on this one.

It is not enough just to have a more subjective public condemnation, in the gem listed are small companies, most of them are private enterprises restructured, in the internal corporate governance structure and the conventional information disclosure do not standardize and not in place, Dongdengwen suggested that the enterprise Board of the delisting system must have a stronger operability, The exit efficiency should be higher. Dongdengwen suggested that

Dongdengwen: I personally also suggest that the delisting standards should increase the number of effective net assets.