Two thousand eight hundred and two days and counting. That is how long investors have been locked into New City China Development, a property concern, since the company’s 240m floated shares were suspended from trading on the Hong Kong Stock Exchange. New City has dragged its feet through a three-stage delisting process ever since. From the HKSE, which unlike other exchange groups acts as its own primary regulator for listing-related matters, this is not good enough.
2802天——自新城市(manbetx3.0 )建设有限公司(New City China Development)在香港交易所(HKEx)上市的2.4亿股流通股被停牌以来,该公司的投资者已被“绑架”了这么多时日,而且这一“绑架”现在还没有结束。新城市在停牌后拖拖拉拉地走上了一个分三阶段的除牌程序。从港交所的角度来说,这不是一件多么光彩的事。与其他交易所集团不同,在上市相关事务上,港交所是自身的主要监管者。