China is on course to see a record number of stocks being delisted from its exchanges this year as new rules introduced to improve the quality of listed companies snare an ever greater number of victims.
A total of 21 firms have already lost their listed status on the Shanghai and Shenzhen bourses since the start of January, while another 22 have said they are at imminent risk of being culled, according to data compiled by Bloomberg. The potential total almost matches the all-time high of 44 set in 2022, even though the current year is only half way through.
