2. The stock exchange has the right to deal with the suspension, resumption or termination of listing of stocks and corporate bonds in accordance with laws, administrative regulations and the provisions of the the State Council securities regulatory authority.
3. When the normal trading of securities is affected by unexpected events, the stock exchange may take technical suspension measures; A stock exchange may decide to suspend trading due to unexpected events of force majeure or in order to maintain the normal order of securities trading. When a stock exchange suspends trading technically or decides to suspend trading temporarily, it must report to the securities regulatory authority in the State Council in time.
4. The stock exchange shall monitor the securities trading in real time, and report the abnormal trading according to the requirements of the State Council securities regulatory authority. A stock exchange shall supervise the information disclosure of listed companies and related information disclosure obligors, and urge them to disclose information timely and accurately according to law.
A stock exchange may, when necessary, restrict the trading of securities accounts with major abnormal trading conditions and report to the the State Council Securities Regulatory Authority for the record.
5. A stock exchange shall set up a risk fund by extracting a certain percentage from the transaction fees, membership fees and seat fees collected. The risk fund is managed by the board of directors of the stock exchange. A stock exchange shall deposit the collected risk funds into the special account of the bank where the account is opened, and shall not use them without authorization.
6. A stock exchange shall formulate listing rules, trading rules, membership management rules and other relevant rules in accordance with securities laws and administrative regulations, and report them to the the State Council securities regulatory authority for approval.
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The supervision of stock exchange on stock trading activities mainly includes the following contents:
(1) A stock exchange shall immediately announce the market, make a daily market table, and record and announce the following items in an appropriate way: the names of listed stocks; Opening price, highest price, lowest price and closing price; The fluctuation range compared with the closing price of the previous trading day; Divide volume and value and sum; Stock index and its ups and downs; Wait a minute.
(2) A stock exchange shall compile daily, weekly, monthly and annual reports on market transactions and make them public in a timely manner.
(3) Stock exchanges shall supervise listed companies to disclose information according to regulations.
(4) A stock exchange shall sign a listing agreement with a listed company to define the rights and obligations of both parties.
(5) A stock exchange shall establish a listing recommender system to ensure that listed companies meet the listing requirements.
(6) The stock exchange decides to suspend, resume or cancel the trading of listed stocks according to the securities laws and regulations, the listing rules of the stock exchange and the provisions of the listing agreement, or according to the requirements of the China Securities Regulatory Commission.
(7) A stock exchange shall establish files of listed companies, make statistics on the shares held by directors, supervisors and senior managers of listed companies, and supervise their changes.
(8) Members of a stock exchange shall abide by the articles of association and business rules of the stock exchange, pay the seat fees, handling fees and other fees to the stock exchange in accordance with the relevant provisions of the articles of association and business rules, and deposit the trading deposit.
(nine) members of the stock exchange shall provide quarterly, interim and annual reports to the stock exchange and the China Securities Regulatory Commission, and actively report relevant information; A stock exchange has the right to require its members to provide relevant statements, account books, transaction records and other documents.
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