March 28, 2016 BY Maria Nikolova

China's securities regulator denies plans for delisting companies

China Securities Regulatory Commission (CSRC) on Friday argued against a media report alleging it has drafted a blacklist of 30 to 40 companies targeted for delisting. CSRC spokesman Deng Ge sought to refute the allegations. According to Xinhua, he stated: "The report is seriously inconsistent with the facts. Stock exchanges are the ones responsible for…

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