State-owned Assets Supervision and Administration Commission of the State Council, Tentative Provisions for the Administration of the Acquisition of Shares of Listed Companies by State-owned Work Units

国务院国有资产监督管理委员会国有单位受让上市公司股份管理暂行规定

July 02, 2007 | BY

clpstaff &clp articles

First provisions on the acquisition of shares of listed companies by state-owned entities.

Issued: June 28 2007

Applicability: The term "state-owned work units" refers to state-owned and state-controlled enterprises, relevant organizations and institutions, etc., that are subject to the regulation of all levels of state-owned assets supervision and administration authorities (Article 2).

The acquisition of shares of listed companies by securities companies and fund management companies dedicated to securities business that are wholly state-owned or state-controlled shall be handled in accordance with the relevant provisions (Article 3).

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