Regulator changes stake game
By Wu Yiyao in Shanghai | China Daily | Updated: 2017-05-31 07:05
CSRC reins in equity offloading by opportunistic big shareholders
Experts welcomed moves by the China Securities Regulatory Commission to tighten rules governing stake sales by big shareholders in listed companies.
Analysts on Tuesday said the new rules will make the stock market more stable and sustainable in the long term, besides strengthening investor sentiment.
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