Akcome halts some manufacturing, faces possible Chinese stock delisting

Akcome says it could be delisted from the Shenzhen Stock Exchange, as the value of its shares have fallen below CNY 1 ($0. 14) for 20 consecutive trading days. In early June, the manufacturer announced a temporary halt in operations for its subsidiaries in China's Jiangxi and Zhejiang provinces. Chinese solar manufacturer Akcome Technology could be delisted from the Shenzhen Stock Exchange because the value of its shares fell below CNY 1 for 20 consecutive trading days. Under Chinese securities regulations, a stock that trades below CNY 1 for 20 consecutive trading days faces delisting. The company ...

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