January 22, 2016

Regulators Vow More Stringent Info Disclosure, Corporate Governance for Listed Firms

China has pledged stricter oversight of its listed companies to safeguard investors and curb speculation in the stock market, states the Xinhua News Agency (June 12). “Authorities will enhance regulatory supervision of public companies listed on China’s domestic A-share market by improving information disclosure and corporate governance,” remarks Jiang Yang, vice chairman of the China Securities Regulatory Commission (CSRC). Jiang expects regulators to will bolster supervision of activities related to listed companies’ biggest shareholders and asset restructuring, as well as urge such firms to deliver returns to investors through organic growth.

Button text