China's securities regulator announces new rules to restrict selling by big shareholders

Market news

7 January 2016

China's securities regulator announces new rules to restrict selling by big shareholders

China's securities regulator today announced new rules to restrict selling by big shareholders. These rules will take effect on January 9.

Big shareholders can't sell more than 1% of a listed company's share capital every three months, and they have to disclose their plans 15 days in advance.

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