November 04, 2024 01:20 GMT
CHINA PRESS: China Loosens Rules For Foreign Investors In Equities
CHINA PRESS
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Chinese authorities have lowered the equity investment threshold for foreign investors in a bid to encourage long-term and value investment, Securities Times reported. The revised rules shorten the lockup period for overseas investors to 12 months from three years and lower asset requirements for non-controlling shareholders. The new rules allow non-Chinese investors to make strategic investments in listed companies and make tender offers, the newspaper said.
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