SSE, SZSE use new delisting methods   

滬深交易所發布“新版”退市制度

滬深交易所28日相繼發布《關于完善上海證券交易所上市公司退市制度的方案》和《關于改進和完善深圳證券交易所主板、中小企業板上市公司退市制度的方案》。分析人士稱，這兩個方案的發布，有利于規范上市公司行為，促使投資者遠離績差公司。

Beijing (CNS) -- The Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) both released new delisting methods for public firms on Thursday. They are expected to regulate the behaviors of public companies and protect investors from "rotten apples."

The two methods have drawn on a similar framework and delisting criteria, but differences exist in risk warnings and follow-up delisting arrangements. The new methods perfect the current delisting standards and procedure, as well as the remarketing requirements.

Both warn against delisting risks with the "*ST" (special treatment) sign, while the SSE enhanced a risk warning board to remind investors of "risky" stocks.

A delisted company from either one of the exchanges can choose to transfer its stocks to national or regional over-the-counter markets, while the SSE provides yet another alternative via the exchange's special stock transfer system for delisted companies.