An Interpretation from the CSRC uses for the first time a doctrine of guilty before innocent for insider trading cases. But with few cases before the courts, it is not clear how effective the Interpretation will be
Main contents: According to the Draft Guidelines, listed companies having high cash dividend amounts and high cash dividend-net asset ratios can enjoy…
Main contents: The total number of shares involved in all the valid employee shareholding schemes of a listed company may not exceed 10% of the company's…
The limit on the percentage of the shares of, or the percentage of the interest in, a securities company with foreign equity participation held by foreign investors has been raised to 49%.
A subsidiary of a securities company that has been operating continuously for at least two years instead of five years may apply to expand its scope of business.
The foreign shareholding in the domestic shareholder should be included whencalculating the total foreign shareholding of a joint venture fund managementcompany.