New Rules on Equity Offerings: Lifting the Ban on China's Share Sales

New restrictions are in place on share offering, price floor and private placements in particular for foreign strategic investors. A new three-stage application process is introduced.

19 minute readJuly 02, 2006 at 12:58 AM

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By Jean-Marc Deschandol and Charles Desmeules, Norton Rose, Beijing

On April 26 2006, the China Securities Regulatory Commission (CSRC) promulgated the Measures for the Administration of Securities Offerings by Listed Companies

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