China wants to delist its own companies: the bad ones | The Economist

China wants to delist its own companies: the bad ones

New rules to clear the dregs off its stock exchanges

LIKE MANY Chinese companies on the stockmarket, Gangtai Holding, a jewellery-to-property conglomerate, flaunts its listing. It displays its ticker number, 600687, prominently on its website and in its ads. But not for much longer. On January 7th Gangtai began a 30-day period almost certain to end with its ejection from the Shanghai Stock Exchange.

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