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<ul><li>On July 25, Jinzhou Port Co. Ltd. became the first port operator to be kicked off a Chinese mainland stock exchange.</li><li><p>The delisting came after the securities watchdog determined the company had fabricated more than 8.6 billion yuan ($1.2 billion) in revenue and nearly 180 million yuan in profit between 2018 and 2021.</p></li><li><p>On its last A-share trading day, Jinzhou Port’s market value stood at 1.26 billion yuan, a staggering 80% collapse since the China Securities Regulatory Commission (CSRC) started investigating the company in late 2023.</p></li></ul>

On July 25, Jinzhou Port Co. Ltd. became the first port operator to be kicked off a Chinese mainland stock exchange.The delisting came after the securities watchdog determined the company had fabricated more than 8.6 billion yuan ($1.2 billion) in revenue and nearly 180 million yuan in profit between 2018 and 2021.On its last A-share trading day, Jinzhou Port’s market value stood at 1.26 billion yuan, a staggering 80% collapse since the China Securities Regulatory Commission (CSRC) started investigating the company in late 2023.

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