Stronger delistingrules unveiled

The China Securities Regulatory Commission on Friday released revised delisting rules to further strengthen the capital market and eliminate trash stocks .

"The rules can protect the fundamental functions of the capital market and make the delisting of domestic listed companies more market-oriented, governed by the law and subject to uniform procedures," said Zhang Xiaojun, a CSRC spokesman.

The regulator said the delisting system has been refined to provide a range of options for companies that are voluntarily seeking to exit the capital market.