Stock Options for Listed Chinese Companies

January 5th, 2006

New rules on stock option incentive programs have been enacted in China. The Administrative Measures for Stock Option Incentives (Provisional) were promulgated by the China Securities Regulatory Commission (CSRC) on the last day of 2005 and became effective Jan. 1, 2006. Listed companies that have already undergone reform of their non-tradeable shares can create stock incentive programs based on these regulations.

The Chinese name is 《上市公司股权激励管理办法》(试行) Shangshi gongsi guquan jili guanli banfa (shixing) and the full text is availale here.

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