Tag: CSRC

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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March 14, 2016 BY Maria Nikolova

Chinese regulator promises no relaunch of circuit breaker mechanism in the next years

After turbulence rattled Chinese stock market early this year, first forcing the implementation and then the suspension of a circuit breaker mechanism, the nation's securities regulator has updated on the potential use of the controversial mechanism. Liu Shiyu, Chairman of the China Securities Regulatory Commission (CSRC), was quoted by Xinhua as saying that China will not…

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