Analysis To Improve The GEM Survival Of The Fittest Delisting System

Average Chinese companies listed on GEM has small scale, With great uncertaintyin the development of business, Of course, GEM companies with great growth but arealso faced with the corresponding risk. The effective delisting system may achieve thesurvival of the fittest market development, and promote the healthy development of themarket. To look at existing GEM delisting system, and no more improvement than thedelisting system of the motherboard market, but in the delisting indicators were adjustedaccordingly. No change in principle, more and more voices question the GEM wascreated for positioning. Delisting mechanism is not smooth, more and more problems areexposed in the market.From the GEM and the concept of the delisting system, the definition of the GEM,the introduction of the significance and market positioning to make a comprehensiveanalysis of the GEM delisting system are described; Secondly, with our current GEMdelisting system, directly to the content of the delisting system and the introduction of thesignificance of GEM; The third part analysis the overseas GEM market delistingsystem,summed up the experience of the oversea market delisting of the GEM system,to improve the current GEM delisting system, providing some inspiration and referenceto our market. Analysis of the first three parts of the article, and finally illustrating thebasic path suited to our delisting system growth including the construction of the GEMmarket delisting criteria, delisting procedures, delisting regulatory and supportingsystems of the market. These are the important content of China’s GEM market system,they are the healthy basis for the development of the securities market.