Chinese A -share companies ushered in a tide of delisting this year. Statistics show that the number of delisting companies in the first eight months of this year is close to the number of delisting companies last year.
According to the preliminary statistics of Observer Network quoted Oriental Wealth data, as of Monday (September 4), there were 44 delisting companies this year, and the number was approaching 46 of last year.In 2020 and 2021, there were 19 companies withdrawal companies.
For the reasons for the delisting, among the 44 enterprises who delisted this year, 20 reasons for the delisting is "The daily stock closing price of the 20 consecutive trading days is less than 1 yuan (RMB, next, nextAt the same time, about S $ 0.19) ", the highest proportion.These 20 trading -forced delisting enterprises, the highest stock price when delisting is HNA investment, with a stock price of 0.85 yuan/share.The lowest is Yuetai, with a stock price of 0.37 yuan/share.
In addition, there are 11 companies delisted for "the recent two accounting years of financial reports have been issued or unable to express their opinions."Municipal risk warnings) The first accounting firms were issued by the first accounting firms that could not express or negative opinions, and two companies withdrawn from the market; two companies were delisted due to fraud issuance.
Professor Lu Suiqi, a professor at the School of Economics of Peking University, said that after China's official registration system is implemented, market pressure and external supervision have increased at the same time, and sponsor, other intermediaries, issuers, investors, and investors are restricted and strengthened.The listed companies are different, and the survival of the fittest has become inevitable."This situation is a normal response, and it may become the normal state in the future."
China fully implemented the stock issuance registration system in February this year. The main contents include streamlining and optimizing the issuance of listing and listing, improving the review registration procedures, improving the major listed company's significant significanceAsset restructuring system, strengthening regulatory law enforcement and investor protection.This system aims to improve the quality of listed companies and boost investor confidence.
As a supporting measure of the registration system, "there is an in -law", the Shanghai and Shenzhen Stock Exchange has optimized the delisting rules in 2021. The new regulations are strict compared to the previous. Since then, the number of delisting companies has increased significantly.
