Can a listed company declare bankruptcy?

Legal analysis: Yes, listed companies go bankrupt and withdraw from the market, and there is no compensation for shareholders. The shares are liquidated according to their net assets. When the company's share price falls, its financing ability will be greatly affected.

Legal basis: Article 182 of the Company Law of People's Republic of China (PRC) has serious difficulties in the operation and management of the company, the continuation of which will cause great losses to shareholders' interests. If it cannot be solved by other means, shareholders holding more than 10% of all shareholders' voting rights of the company may request the people's court to dissolve the company.