Fixing bankruptcy woes of listed firms to help capital markets

The latest efforts by top authorities to further streamline the bankruptcy reorganization process of listed companies will help optimize resource allocation, which is conducive to the sustainable and high-quality development of the Chinese capital market, said experts.

The comments came in response to the minutes of a recently held symposium on effectively handling the bankruptcy reorganization cases of listed companies.

The minutes were jointly released by the Supreme People's Court and China Securities Regulatory Commission on Tuesday.