终止上市

舞弊公司被ST、暂停上市或终止上市的比例极高。

A large proportion of fraud companies had suffered special treatment , suspending or terminating the listing of the companies ' shares .

面对我国特殊的ST制度、暂停上市以及终止上市制度，亏损上市公司为了维持宝贵的上市资格，避免被摘牌或被收购壳资源的厄运，存在盈余管理的动机。

In face of special ST system , suspension and termination of listing system in our country , in order to maintain the valuable listing qualifications and avoid being delisted , or acquisition , a loss of listed companies has the motive for earnings management .

当上市公司被特别处理后，将受到更加严格的监管，股票投资价值受到严重影响，面临被暂停和终止上市的巨大风险。

When a listed company has been special treatment , the value of equity investments will be severely affected .

乙方权证被终止上市后，已经交纳的上市费不予返还。

The paid listing fees shall not be returned to Party B after the delisting of Party b 's warrants .

由此，也出现了首次发行股票动机，配股动机，避免暂停、终止上市的动机。

Accordingly , motives such as . IPO , share allocation , avoidance of share suspension and delisting also appear in the country .

该制度体系包括退市的三个阶段，即暂停上市、恢复上市和终止上市。

The system includes the delisting of the three stages , namely , to suspend the listing , recovery and termination of the listing .

在我国资本市场中，股票的发行与上市、配股和终止上市的处理规定，都以会计盈余作为重要的判断指标。

In the capital market of China , it is also the important judgment index for the treatment of the share issuance , listing , allotment and delisting .

第四十九条上市公司丧失公司法规定的上市条件的，其股票依法暂停上市或者终止上市。

Article 49 . When a listing company loses its listing conditions stipulated by the regulations of the company law , the listing of its stocks shall be suspended or terminated .

上市公司退市制度是指不符合上市标准或者根据企业的战略选择而终止上市，退出证券交易所的一系列制度的总称。

Listed companies delisting system means that do not meet the criteria for listing or the strategic choice of enterprises and delisted the stock exchange a series of generic exit the system .

依此衡量，我国资本市场尚遗存诸多病态的管制思维&禁止股票折价发行和亏损公司股票暂停上市或终止上市成规即属此例。

Accordingly , in the capital market of China , there are still a great deal of unreasonable control including forbidding to issue the discount stocks and having the stocks of a company with a deficit suspend of terminate to come into market .

首先根据国内外研究学者的成果以及本文的研究对象，将财务危机定义为上市公司因存在终止上市风险而被特别处理的情况。

First of all , on the basis of the results of previous studies , as well as the results of the research in this thesis , defined the financial crisis as a result of the termination of the existence of market risk was special treatment .

上市公司退市是指上市公司所发行的证券在证券交易所上市之后，由于该证券或者该证券所属的上市公司不再符合证券交易所有关持续上市的条件而导致该证券被暂停上市甚至终止上市。

Listed company is a listed company by issuing securities listed on the stock exchange , the securities or the securities of listed company no longer meets the stock exchange continued listing conditions led to the suspension of listing and termination of the listing of securities .

第一百零八条证券交易所依照法律、行政法规的规定，办理股票、公司债券的暂停上市、恢复上市或者终止上市的事务，其具体办法由国务院证券监督管理机构制定。

Article 108 . The stock exchange handles affairs regarding suspension , resumption , and termination of the listing of stocks and corporate bonds on the basis of law and administrative regulations . The concrete procedures are formulated by the securities regulatory body of the State Council .

退市，指根据法律要求和上市契约的约定，政府监管机构或证券交易所依法终止上市公司证券在证券交易所内进行交易的资格，即由二家上市公司变为非上市公司。

To withdraw from the market , according to the legal requirements and the listing contract agreement , the government regulatory agencies or termination of listing Corporation stock exchange securities trading at a stock exchange qualification according to law , from a listing Corporation into a non-listed company .

最初南非独立通信监管机构同意了这笔交易，但在最后关头与南非总工会一道向最高法院提出申请，要求终止这次上市。

Having initially approved the deal , South Africa 's independent communications regulator agreed at the last minute to join COSATU 's application to the high court to stop the listing .

这宗交易将终止优酷作为上市公司的亏损营运，并有助阿里巴巴实现多屏战略。

A deal would end Youku 's unprofitable run as a public company and help Alibaba realize its multiscreen strategy .

药物的相互作用可以引起严重不良反应，这将导致药物开发的提前终止，拒绝批准上市，严重的处方限制，甚至于从市场上撤回药品。

Drug interactions can evoke severe adverse effects , they have resulted in early termination of drug development , refusal to obtain approval , severe prescribing restrictions , and even withdrawal of drugs from the market .

公司解散、依法被责令关闭或者被宣告破产的，由证券交易所终止其公司债券上市，并报国务院证券监督管理机构备案。

When a company is disbanded , ordered to close in accordance with law , or announced bankrupt , the stock exchanges shall terminate the listing of its bonds and report for the record to the securities regulatory body under the State Council .