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Shenzhen Stock Exchange Firmly Implement CSRC’s Requirement On Supervision Of Reduction Of Shares, Maintaining The Long-term Healthy And Stable Development Of The Market

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Ever since this year, Shenzhen Stock Exchange (SZSE) paid close attention to the issues such as reduction of non-tradable shares through bulk transaction, ‘clearance-type reduction’ by some shareholders, non standardized information disclosure regarding share reduction, and SZSE constantly strengthen the supervision on relevant information disclosure, enhance the frontline supervision. Recently, SZSE sorted and probed into the series of new issues of share reduction by the shareholders, directors, supervisors and senior management of the listed companies, got prepared for further improvement of relevant rules and regulations, and enhanced the frontline supervision.

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