Legal System Of Listed Companies Delisting

China’s securities market is established from the beginning, and promote the development of China’s market economy, change has played a pivotal role in the allocation of social resources. With the gradual establishment of market economic system, the stock market in the increasingly prominent role of the national economy, but also violence leakage of the size of the market is too small, a single variety of securities, securities market system is imperfect, a series of questions. These problems to some extent limit the further development of China’s securities market, even in the pursuit of rapid development while ignoring or indifference to these issues, China’s securities market is a certain degree of deformity state. Listed companies delisting system is imperfect it is one of those issues, and this issue is one of the foundations of the securities system. It will have a considerable impact on China’s securities market into a mature securities market.Articles start to the perspective of economic law, based on mature learn the successful experience of the securities market, combined with the actual operation of China’s listed delisting system, in-depth discussion and study of listed companies delisting system problems for China’s listed companies delisting system to further improve the and effective implementation of feasible suggestions The paper is divided into five chapters. The first chapter is an introduction, mainly on the topics of the background and significance, scholars at home and abroad, the subject of research, also introduced the structure and research methods. The second chapter is the analysis of listed companies delisting system and its importance to China’s securities market. First introduced early in the development of China’s listed companies delisting system and the evolution of the "Company Law" section and the "Securities Act" section, followed by listed companies delisting system of China’s securities market, and on this basis summarize, analyze the problems of the listed companies of China’s early delisting system. Chapter delisting system developed securities markets, mainly from the delisting delisting standards and procedures, the delisting of the implementation effects several aspects of mature securities market delisting system in-depth analysis and research. The fourth chapter describes the trends and legislative status quo of China’s listed companies delisting system reform. From GEM delisting system start to the GEM rules for the experimental field to introduce its system innovation, market feedback, and I over the Main Board of the delisting system reference, on this basis, to make amendments to the Shenzhen Stock Exchange and the Shanghai Stock Exchange evaluation. The fifth chapter is the improvement of China’s listed companies delisting system from the two aspects of the concept of the rule of law and securities legal liability system, including restrictions on public power and protection of the rights of private, for the perfection of the system itself to analyze.