Shanghai Stock Exchange, Tentative Provisions on the Review System

上海证券交易所复核制度暂行规定

November 30, 2007 | BY

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Requests to review decisions on listing may be filed with the Shanghai Stock Exchange.

Clp Reference: 3700/07.11.19 Promulgated: 2007-11-19 Effective: 2007-11-19

Issued: November 19 2007
Effective: As of date of issuance

Main Contents: An application for review may be submitted to the Shanghai Stock Exchange (Stock Exchange) under any of the following circumstances:

(1) an issuer of shares, enterprise bonds, corporate bonds or other securities is dissatisfied with the decision of the Stock Exchange to reject, suspend or terminate its listing;

(2) a member of the Stock Exchange is dissatisfied with the penalty of public reprimand, fine, suspension or restriction of trading, or revocation of trading qualification or membership qualification imposed by the Stock Exchange; or

(3) a director, supervisor or senior management personnel of a member of the Stock Exchange is dissatisfied with the public reprimand decision of the Stock Exchange (Article 2).

Related Legislation: PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p.31; and Charter of the Shanghai Stock Exchange, Apr 1 1999

clp reference:3700/07.11.19promulgated:2007-11-19effective:2007-11-19

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