What Is The Time Limit For Stock Suspension?

The purpose of the suspension of stock exchanges is to solve the problem of asymmetric information.

In particular, it has highlighted the abnormal warning suspension of listed companies, such as not timely disclosure of information, alleged violation of laws and regulations, and stock price movements.

After the suspension, if the listed company fully, accurately and completely disclose the information that may have a greater impact on the trading price of the company's stock and its derivatives, the company's stock and its derivatives can be resumed.

The situation and time of the resumption of suspension are specified in the twelfth chapters of the Shenzhen Stock Exchange Listing Rules and the twelfth chapter of the Shanghai Stock Exchange Listing Rules. The period of suspension depends on the reasons for suspension.

Some of the suspension matters are time limited, and there are no time limits for partial suspension.

If the company fails to disclose information in time, resulting in a longer suspension period for the company's stock and its derivatives, the exchange and other securities regulatory authorities will take various measures to constantly urge the company and the relevant information disclosure obligor to fulfill the obligation of information disclosure, so as to resume the trading of the company's stock and its derivative products as soon as possible, and earnestly safeguard the right of the majority of investors to know the right to know and to trade.