Individual Chinese companies have announced the start

Author:Sichuan Observation Time:2022.08.12

Recently, some Chinese companies have announced the start of the US 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.

Sichuan Observation (Source: CSRC website)

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