CSRC has released a new circular which governs spin-off listings of subsidiaries of A share-listed companies.
September 02, 2004
Capital Markets
Issues Relevant to Regulating Offshore Listing of Subsidiaries of Domestic Listed Companies Circular
The Circular provides eight qualifications that a listed parent company must meet, and adopts a mechanism to ensure the independent listing status and continuous profitability of the listed parent company after the spin-off.
September 02, 2004New rules have been promulgated by the China Banking Regulatory Commission to oversee group finance companies. The regulatory body retains its assertive role in the finance sector.
September 02, 2004CSRC has released a new circular which governs spin-off listings of subsidiaries of A share-listed companies.
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