Shanghai-listed *ST Haiyue (600387) disclosed on June 6 that it received an official delisting notice from the Shanghai Stock Exchange. The company’s shares will enter a 15-day delisting consolidation period starting June 16, 2025, with trading expected to cease completely by July 4, 2025.
This development marks the latest in a series of regulatory actions to clean up underperforming companies from China’s capital markets. *ST Haiyue’s exit follows its failure to meet listing standards, continuing the exchange’s stricter enforcement of delisting rules implemented in recent years to improve overall market quality.
Investors will have until early July 2025 to liquidate positions, after which the stock will be removed from public trading. The delisting underscores regulators’ commitment to weeding out non-compliant firms while protecting market integrity and investor interests.
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