Accelerating Reform in China's Equity Market: Share Buybacks and Majority Shareholder Share Increases
July 02, 2005 | BY
clpstaff &clp articlesThe China Securities and Regulatory Commission has issued further measures to help smooth the integration of tradable and non-tradable shares, but will they be enough to revive investor confidence?
By Christophe Han and Wayne Chen, Llinks Law Office, Shanghai
The China Securities Regulatory Commission's (CSRC's) launch on April 29 2005 of Issues Relevant to Pilot Reform Projects Regarding the Separation of Equity Ownership and Trading Rights of Listed Companies Circular (关于上市公司股权分置改革试点有关问题的通知)(Pilot Reform Projects), regarding the release of non-tradable