Trading rules to protect investors

BEIJING - It will no longer be easy for rich shareholders of public companies to use excuses such as weddings or moving overseas to offload stocks when share prices peak.

Last year, China's securities regulator limited anyone who holds more than 5 percent of a company's shares from massive dumping of their holdings.

Compared with individuals investing their savings, major shareholders, supervisors and management enjoy advantages of asymmetric information, which can be unfair to small investors.