PRC Securities Law (Draft for Amendments) (Draft for Third Reading)

中华人民共和国证券法 (修订草案) (三次审议稿)

May 30, 2019 | BY

Susan Mok

The system for suspension of the listing and trading of securities may be abolished

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Issued: April 26, 2019

Main contents: The Draft proposes the abolition of the system for suspension of the listing and trading of securities specified in the current Securities Law and instead to have the listing and trading of disqualified securities directly terminated.

Where a security that is listed and traded ceases to satisfy the listing conditions, or another circumstance specified in the listing rules applies thereto, the stock