Caixin
Jan 24, 2023 11:27 AM
FINANCE

In Depth: China Boots Record Number of Companies From Its Bourses

A record number of companies got the boot from Chinese mainland stock exchanges last year and that number could double in 2023, as regulators ramp up efforts to cull poorly performing firms and those that violate the rules or break the law.

A total of 42 companies were kicked from either the Shanghai or Shenzhen stock exchange in 2022, the highest ever and more than double the figure in the previous year, according to public information compiled by Caixin. The vast majority were delisted due to poor financial performance.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST