Issued: July 21 2004
Main contents: The Circular sets forth the criteria and procedures for offshore listing of subsidiaries of domestic listed companies.
Related legislation: PRC Company Law (Amended), Oct 27 2005, CLP
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.
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