RULES ON INSIDER TRADING TIGHTENED

The government has issued the Supplementary Rules to the Standards for Pursuing Economic Crime Cases on May 13 to crack down on an increasing number of illegal financial activities such as insider trading and market manipulation.

Issued by the Supreme People's Prosecution and Ministry of Public Securities, the Supplementary Rules to the 2001 Standards have increased the threshold of trading volume from Rmb200,000 to Rmb500,000 and added a test for profits or avoided losses of over Rmb150,000.