# Shanghai Stock Exchange
Latest news and articles about Shanghai Stock Exchange
Total: 9 articles found
From Classrooms to Cleanrooms: The Desperate Gamble of China’s Fading Education Giants
China's *ST Gaoke saw its stock price hit the floor after the Shanghai Stock Exchange questioned its suspicious pivot from education into semiconductors. The company, which is facing delisting due to massive losses, is suspected of using high-tech hype to inflate its stock price and facilitate insider divestment.
Vintage Desperation: A Chinese Health Wine Pioneer’s Brinkmanship on the Trading Floor
Hainan Yedao, once China’s premier health wine brand, is facing a delisting crisis as auditors investigate suspicious revenue spikes and newly-formed shell companies acting as major distributors. The firm must prove it has legitimately crossed a 300-million-yuan revenue threshold or face expulsion from the Shanghai Stock Exchange.
Distilling Desperation: The Delisting Crisis Facing China’s 'First Health Wine' Brand
Hainan Yedao is facing potential delisting as auditors question the legitimacy of its 2025 revenue figures, which are propped up by suspicious late-year sales and newly registered distributors. The company's decline from an industry leader to a struggling shell entity highlights severe failures in governance and strategic focus.
Cracks in the Foundation: A Zhejiang Construction Giant Faces Liquidity Crisis
Zhejiang-based Longyuan Construction Group has defaulted on 1.1 billion yuan in debt and expects a massive 2025 net loss of up to 1.5 billion yuan. The company’s crisis, marked by frozen bank accounts and regulatory warnings, illustrates the severe financial pressure facing private Chinese construction firms.
Beijing Moves to End the ‘Zombie’ Stock Paradox: Aligning A-Share Rules for a More Ruthless Market
The Shanghai Stock Exchange has proposed doubling the daily price fluctuation limits for distressed ST stocks to 10%, aligning them with regular shares. This move aims to improve market liquidity, curb speculative shell trading, and accelerate the delisting of underperforming zombie companies.
A Rude Awakening for China’s Mattress King: Inside the $14 Million Scandal at Xilinmen
Xilinmen Furniture is facing a major governance crisis after 100 million RMB was illegally transferred from a subsidiary's account, leading to a police investigation and a massive asset freeze. The incident highlights critical failures in internal controls and the risks of family-dominated management in one of China's leading consumer goods companies.
China’s Exchanges Ease Refinancing Rules to Channel Capital Toward Top and Tech Firms — With Tight Guardrails
China’s Shanghai, Shenzhen and Beijing stock exchanges unveiled a package of measures to speed and tailor refinancing for higher-quality and tech-focused listed companies while tightening disclosure and post-issuance supervision. The changes include preferential reviews for market-recognised firms, explicit accommodation for firms whose shares trade below IPO levels to raise funds, and new numerical tests for ‘light-asset, high-R&D’ companies.
China's Exchanges Clamp Down as A‑Shares Rally Cools: 800+ Interventions and a Return to Macroprudence
China's securities regulator and stock exchanges have tightened market controls after a rapid A‑share rally, executing more than 800 supervisory actions in a week and raising the minimum margin requirement for new financing contracts from 80% to 100%. The moves aim to curb speculative leverage and steer the market toward longer‑term institutional investors while preserving orderly trading.
Shanghai-listed Materials Firm Insists Chairman Played No Role in Robotics R&D Amid Regulatory Query
Shangwei New Materials said its chairman, Peng Zhihui, did not take part in the company’s R&D and that operational responsibility sits with joint CEO/CTO Zhou Bin, after receiving supervisory queries from Shanghai regulators. The company highlighted existing governance structures and pledged more cautious external communications given Peng’s concurrent role at a related robotics firm.