Draft delisting rules provide more options

The China Securities Regulatory Commission on Friday released a draft of delisting rules for domestic companies as part of a new round of market reform.

The CSRC said the delisting system is being refined to provide a range of options for companies that are voluntarily seeking to leave the nation's equity markets.

Seven conditions under which companies can voluntarily delist are defined in the draft, and the procedures in these cases are different from those for compulsory delisting.