Article on Draft Investor Protection Reg
October 11th, 2004The PRC business newspaper Caijing Shibao has here a good story on the draft regulation on investor protection recently offered for public comment by the CSRC. The reg includes, inter alia, provisions that would give holders of listed shares class voting rights on certain matters. This article provides good background for understanding the importance of that.
Caijing Shibao is a product the Securities Exchange Executive Council, the same group that publishes Caijing magazine. Both pubs share SEEC office space in Beijing, but they have separate editors and reporters.
The CSRC has set Oct. 15 as the due date for comments on its draft reg.