Conversion of Non-listed Foreign Investment Shares into B Shares

October 02, 2002 | BY

clpstaff &clp articles

MOFTEC has issued a new circular that offers some clarification on prior legislation and give more details about how non-listed foreign investment shares can be converted into B shares.

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By Christophe Han, Llinks Law Office, Shanghai

Shares in listed companies in China are divided into two distinct types: listed shares and non-listed shares. As such, public offerings and listings,