Quotable

"The delisting system is one of the most important and fundamental regulations in China's capital market."

Xiao Gang, chairman of the China Securities Regulatory Commission, the top market regulator, saying that unprofitable public companies should strictly follow the delisting regulations and halt the trading of their shares on bourses. Xiao says that the policy changes would make it easier for such shares to be delisted from mainstream exchanges and their trading in the over-the-counter market.

(China Daily European Weekly 11/08/2013 page18)