China Securities Regulatory Commission, Issues Relevant to Regulating Offshore Listing of Subsidiaries of Domestic Listed Companies Circular

关于规范境内上市公司所属企业到境外上市有关问题的通知

September 02, 2004 | BY

clpstaff &clp articles

The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.

Clp Reference: 3710/04.07.21 Promulgated: 2004-07-21

Issued: July 21 2004

Main contents: The Circular sets forth the criteria and procedures for offshore listing of subsidiaries of domestic listed companies.
Related legislation: PRC Company Law (Amended), Oct 27 2005, CLP 2005 No.10 p21; PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p31; Companies Limited by Shares Issuing Shares and Seeking a Listing Outside China Special Provisions, Aug 4 1994 and Sponsorship System for Offering and Listing of Securities Tentative Procedures, Oct 17 2008, CLP 2008 No.10 p72
Full text is available from our office.

clp reference:3710/04.07.21promulgated:2004-07-21

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]