Legislation roundup: Delisting, trademark trials and online insurance

Capital markets



China Securities Regulatory Commission, Several Opinions on Reforming, Improving and Strictly Implementing the System for Delisting Listed Companies

中国证券监督管理委员会关于改革完善并严格实施上市公司退市制度的若干意见



If the percentage of the total shares of a listed company held by the public is less than 25% or, for a listed company the total share capital of which exceeds Rmb400 million, if the percentage of its total shares held by the public is less than 10% and it still fails to meet the listing conditions by the deadline specified by the stock exchange, the stock exchange shall terminate the listing and trading of its shares.