In the News: Insider Trading, Tax Reductions and Commercial Real Estate
February 12, 2019 | BY
Jacelyn JohnsonCSRC takes measures to prevent insider trading in M&A deals; tax reductions for private businesses in Shenzhen rose 10.2% year on year; and China's commercial real estate market grows 50% year on year in investments from foreign investors.
China Steps Up Measures to Prevent Insider Trading in M&A Deals
China Securities Regulatory Commission (CSRC) announced that they are taking measures to prevent insider trading in mergers and acquisitions (M&A) deals, reported Xinhua.
Listed companies are required to submit a list of names with knowledge of M&A deals once they file the initial plans with the stock exchanges and update the list when there are major changes to the deals or when new information arises such as valuation and proposed pricing.
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