[Xia Ke Island] Individual Chinese companies have announced the launch of the delisting from the United States, and the CSRC responded
Author:Overseas network Time:2022.08.12
On August 12, the person in charge of the relevant department of the CSRC answered the reporter.
Question: Recently, some Chinese companies have announced the launch of the U.S. delisting. What does the CSRC think?
Answer: We noticed the relevant situation.Listing and delisting belong to the normal capital market.According to relevant companies' announcement information, these companies have strictly abide by the US capital market rules and regulatory requirements since the listing of the United States, and make delisting options for their own business considerations.These companies are listed in many places, and the proportion of securities listed in the United States is very small. The current delisting plan does not affect the continued use of domestic and foreign capital market financing and development.
The China Securities Regulatory Commission respects the decision made by enterprises in accordance with its actual situation and in accordance with the rules of overseas listing.We will maintain communication with relevant overseas regulatory agencies to jointly safeguard the legitimate rights and interests of enterprises and investors.
Source/Securities Regulatory Commission website, "Xia Ke Island" WeChat public account
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