Recently, SZSE officially announced the decision to terminate the review of Jiang Copper's listing on the growth board. It is not surprising that Jiang Copper withdrew its IPO application. On June 5th of this year, Jiangxi Copper released an announcement to terminate the spin-off and listing of its subsidiary, Jiang Copper, on the growth board. It was found that 17 A-share companies have terminated their spin-off listings since the tightening of IPO and refinancing regulations this year. Since the implementation of the new rules of spin-off listings at the end of 2019, the A-share market has witnessed a wave of spin-off listings, but with the changing market environment, the enthusiasm for spin-off listings has continued to decline.
“A拆A”降温 17家公司终止分拆上市计划
"A Share Splitting" cools down, and 17 companies terminate their plans of split listing.
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