# Shenzhen Stock Exchange
Latest news and articles about Shenzhen Stock Exchange
Total: 12 articles found
Financial Alchemy: Jinke Property Sheds a $20 Billion Burden to Rebuild on the Ruins of China’s Housing Boom
Jinke Property Group has achieved a technical turnaround in its 2025 financial results, reporting a massive net profit solely through debt restructuring gains while its core business continues to shrink. The company has successfully navigated a landmark judicial reorganization to shed 147 billion RMB in liabilities, marking the exit of its founder and a pivot toward asset-light management in a stagnant market.
The Twilight of a Living Fossil: Shenzhen’s Pioneer Stock Faces Mandatory Delisting
Shenzhen Guohua Network Security (*ST Guohua), one of the first five companies to list on the Shenzhen Stock Exchange, is set for mandatory delisting after its market capitalization fell below the 500 million RMB threshold. The company's 35-year history of frequent industrial pivots failed to yield sustainable growth, highlighting a new era of stricter regulatory enforcement in China's equity markets.
Efficiency Over Tradition: Shenzhen Overhauls Trading Windows to Boost Institutional Liquidity
The Shenzhen Stock Exchange has expanded block trading hours for the ChiNext board and extended after-hours fixed-price trading to all A-shares and ETFs. These technical reforms are designed to enhance market liquidity and provide institutional investors with greater flexibility in executing large-scale transactions.
From Mogul to Marginal: The Dramatic Unraveling of Huayi Brothers
Huayi Brothers, once China's leading private film studio, faces potential bankruptcy after a creditor filed for restructuring over a 11.4 million yuan debt. The company has lost over 8.2 billion yuan since 2018 following years of aggressive expansion and failed diversification strategies.
China Overhauls Tech Board to Funnel Capital into 'New Quality Productive Forces'
China’s securities regulator has introduced major reforms to the ChiNext board, creating new listing paths for unprofitable tech firms with high R&D spending. The initiative aims to modernize the capital market to support strategic 'future industries' while involving local governments in the IPO referral process.
The 'Digital Divide' Gamble: Why Guangzhou Tongze Kangwei’s IPO is Facing Regulatory Headwinds
Guangzhou Tongze Kangwei’s IPO bid is under fire as regulators question the long-term viability of its wireless broadband hardware in the face of expanding global fiber-optic networks. Despite strong sales in Africa, the company faces declining margins and significant transparency concerns regarding its leadership and related-party dealings.
Charging Up: China’s Lithium Giants Lead a Targeted Rally in Shenzhen
The Shenzhen Component Index rose over 1% on Friday as lithium battery stocks staged a massive breakout, though total market volume shrank to 1.85 trillion RMB. While over 4,300 stocks advanced, a sharp divergence occurred as green energy infrastructure stocks fell while battery and pharmaceutical sectors gained ground.
Shenzhen Stock Exchange Reports First Fall in Average Pay Since 2019 as Wage Bill Shrinks
Shenzhen Stock Exchange reported a drop in average pre‑tax annual pay to RMB 484,900 in 2024, an 8.63% decline year‑on‑year and the first sub‑RMB 500,000 average since 2019. Total wage payments fell despite a higher headcount, while senior executives’ disclosed pay remained modest by international exchange standards.
IPO Red Flag: Chuyuan New Materials’ Market Gains Mask Falling Prices, Thickening Receivables and Unusual Sales Fees
Chuyuan New Materials, a domestic maker of dry‑film photopolymers for PCBs, has applied for a ChiNext IPO while reporting a strong market share. Yet unit prices have been sliding, receivables and financing have grown materially, and the company’s high sales service fees — some tied to former related parties — have drawn regulatory queries that could affect valuation and listing timing.
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.
Chairman of ‘Metaverse’ Concept Stock Placed Under Supervisory Retention, Raising Governance and Investor Risks
Fushi Holdings said its chairman and majority controller, Chen Yongliang, was placed under retention by a national supervisory commission on February 1, without the company being asked to assist the probe. The development heightens investor and governance risks for the loss-making firm and highlights broader regulatory scrutiny of speculative “metaverse” concept stocks in China.
Speculative Frenzy Sends Fenglong Shares to 17-Day 'Limit-Up' Streak as Company Flags Market Risk
Fenglong's stock reached 90.48 yuan on January 22, marking a 17-day streak of daily limit-up moves despite the company denying any planned asset injection or restructuring involving robotics firm Ubtech. The issuer warned the share price had detached from fundamentals and flagged high trading risk, saying it might seek a trading suspension for investigation if abnormal rises continue.