China Insurance Regulatory Commission, Circular on Matters Relevant to Strengthening the Oversight of the Investment in Shares by Insurance Institutions and Persons Acting in Concert Therewith (Draft for Comments)
中国保险监督管理委员会关于加强保险机构与一致行动人股票投资监管有关事项的通知 (征求意见稿)
November 14, 2016 | BY
Susan Mok &clp articles &Issued: August 26 2016 Main contents: According to the Draft, where an insurance institution is to acquire a listed company, it shall use…
Issued: August 26 2016
Main contents: According to the Draft, where an insurance institution is to acquire a listed company, it shall use its own funds for at least 20% of the new shares. An insurance company may not acquire a listed company jointly with persons acting in concert that are not in the insurance business.
issued:2016-08-26Issued: August 26 2016
Main contents: According to the Draft, where an insurance institution is to acquire a listed company, it shall use its own funds for at least 20% of the new shares. An insurance company may not acquire a listed company jointly with persons acting in concert that are not in the insurance business.
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