Unloading State-owned Shares: Another Trial Under New Rules

After failed attempts in 1999 and 2001, China is again taking the necessary but daunting step of integrating its non-tradable state-owned shares with those that are tradable. Could this be the catalyst that the mainland IPO and restructuring markets need?

14 minute readJune 02, 2005 at 12:58 AM

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By Michael G. DeSombre and Weiheng Chen, Sullivan & Cromwell LLP, Hong Kong

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