New Rules on Chinese Listed Company Restructurings
April 19th, 2008The China Securities Regulatory Commission (CSRC) last week released new rules on the “material asset restructuring” of listed companies.
The China Securities Journal reports on the new rules (in Chinese) here.
The CSRC titled the rules 上市公司重大资产重组管理办法 Shang shi gongsi zhongda zichan chongzu guanli banfa (Measures on Material Asset Restructuring by Listed Companies) and 关于规范上市公司重大资产重组若干问题的规定 Guanyu guifan shang shi gongsi zhongda zichan chongzu ruogan wenti de guiding (Regulations on Assorted Issues Related to the Standardization of Material Asset Restructuring by Listed Companies). They also released related disclosure rules.