Delisting reform to rein in company behavior

China is intensifying its efforts to enhance delisting standards, diversify exit channels and strengthen regulatory oversight, as part of the country's ongoing reforms to improve the efficiency and vitality of its A-share market.

As the reform of the delisting system enters a new phase, companies not meeting the required standards will be promptly removed from the market to the extent possible, which will enhance the overall quality of listed companies and improve the market ecosystem, experts said.

Moreover, a rigorous crackdown on various forms of delisting evasion will be pushed ahead, to provide greater protection for the legitimate rights and interests of investors and to bolster market confidence, they added.