An Interpretation from the CSRC uses for the first time a doctrine of guilty before innocent for insider trading cases. But with few cases before the courts, it is not clear how effective the Interpretation will be
Main contents: According to the Draft Guidelines, listed companies having high cash dividend amounts and high cash dividend-net asset ratios can enjoy…
Main contents: The total number of shares involved in all the valid employee shareholding schemes of a listed company may not exceed 10% of the company's…
The limit on the percentage of the shares of, or the percentage of the interest in, a securities company with foreign equity participation held by foreign investors has been raised to 49%.
A subsidiary of a securities company that has been operating continuously for at least two years instead of five years may apply to expand its scope of business.