From Chinese media
Ten measures to promote M&As in capital market
Updated: 2011-05-19 15:18
By Qiang Xiaoji (chinadaily.com.cn)
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The CSRC will set up specific programs for each aspect and set up regulations accordingly. Those specific measures will be released one-by-one when related programs and regulations are mature, the journal reported.
The recently-released draft of revised regulations for major asset restructuring and finance packaging for listed companies is part of a much bigger plan. This draft is concerned with regulating backdoor listings, completing a system of issuing shares and purchasing assets, and supporting the financing package for M&As, according to the report.
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