The delisting period refers to the 30 trading days during which a listed company’s stocks are traded on the risk warning board of the Shanghai Stock Exchange after a decision is made to terminate listing, excluding trading days during which trading is suspended throughout the day.

If the company's stocks are suspended for a full day during the "delisting consolidation period", the "delisting consolidation period" will be postponed accordingly. During the trading period when the company's stocks enter the "delisting consolidation period", the securities code remains unchanged, and the daily increase or decrease in the stock price is limited to 10%.

The XXZQJB field in the Shenzhen Stock Exchange securities information database SJSXX.DBF has a new type definition "Z" to identify securities in the "delisting consolidation period".

Extended information

On July 17, 2012, the Shenzhen Stock Exchange issued the "Notice on Technical Preparations for Improving the Construction of the Delisting System for Listed Companies". The notice requires the market disclosure systems of all members of the Shenzhen Stock Exchange, information service providers and related units to be able to set up a "delisting consolidation board" and complete the technical transformation preparations for the disclosure of securities market prices on another board during the "delisting consolidation period" before September 7 Work.

The delisting consolidation board allows investors to make the final escape. In addition, reasonable adjustments to the stock price before the stock enters the third board are conducive to the smooth advancement of the delisting system.

Baidu Encyclopedia-Delisting finishing board