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China to Allow More Foreign Strategic Investment in Listed Companies: Premier Li

CHINA PRESS
MNI (Sydney)

China will allow more strategic investments from foreign investors in public companies and encourage public companies to perfect their systems for asset restructuring, acquisitions, and split listings, Premier Li Keqiang said at the weekly executive meeting of the State Council. Public companies should also increase the quality of disclosures, said Li. China will strengthen the supervision and punishment of behaviors such as market manipulation and insider trading, the statement from the meeting said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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