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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

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.

Issue: September 2004

CLP Reference: 3710/04.07.21

Promulgated: 21 July 2004

Keywords (click to search): China Securities Regulatory Commission CSRC overseas spin-out offshore spin-off listing overseas listing spinoff investment divestiture strategy sale or distribution of new shares of parent company A share listed companies

Issued: July 21 2004

Main contents: The Circular sets forth the criteria and procedures for offshore listing...

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