# China Market Reform
Latest news and articles about China Market Reform
Total: 2 articles found
China Strips Away the Buffer for Distressed Stocks in Shift Toward Market Discipline
China has doubled the daily price fluctuation limits for distressed ST and *ST stocks from 5% to 10%, aligning them with regular main-board shares. This reform aims to curb speculation on 'shell' companies and improve market-driven pricing as part of a broader effort to professionalize the A-share market.
Liquidity Hangover: The Delisting of *ST Yan Shi Signals the End of China’s ‘Shell Speculation’ Era
*ST Yan Shi's exit from the Shanghai Stock Exchange marks a historic turning point as the first baijiu-related stock to be delisted in A-share history. Triggered by a massive fraud scandal at its parent entity and failing to meet new, stringent market cap and revenue requirements, the company’s fall underscores the 'zero tolerance' approach of China's latest capital market reforms.