29 February 2020

SZSE frees up disclosure system for listed firms, paper says

The Shenzhen Stock Exchange has revised its information disclosure requirements, allowing listed companies to make announcements via the exchange’s electronic platform without bourse approval, the Securities Times reported Sunday. The move is designed to speed up the flow of information. The exchange acknowledged that the new approach could lead to more corrections or supplements to announcements, or even attempts to manipulate the market. But it said it will carefully assess any cases raised by the media or investors, the report said.

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