Caixin

Delays, Doubts on the ChiNext Delisting Trail

The market roared recently on news that a delisting mechanism for the ChiNext growth board was unlikely within this year, and that a specific timetable for building a mechanism simply did not exist.

The September 8 announcement by Song Liping, general manager of Shenzhen Stock Exchange, threw cold water on ChiNext's original plans. From day one, the board launched in October 2009 was supposed to include a direct delisting mechanism.

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