State-owned Assets Supervision and Administration Commission of the State Council, Several Opinions on Regulating the Activities of State-owned Shareholders of Listed Companies

国务院国有资产监督管理委员会关于规范上市公司国有股东行为的若干意见

September 04, 2009 | BY

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Sasac restricts state-owned shareholders from reducing shareholdings.

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Issued: June 16 2009

Main contents: Where a state-owned shareholder intends to sell through the securities trading system its shares in a listed company in excess of the stipulated ratio,