综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Rules target insider trading at state firms

(AFP)
Updated: 2007-02-05 14:00

SHANGHAI - China's securities regulator is tightening its rules against insider trading by executives of state-owned listed firms, state media has reported.

The tougher approach comes after some senior executives sold shares in their companies in larger numbers or at a faster pace than allowed by the rules, the China Securities Journal said, citing an unnamed securities oversight official.

"The agency has looked into the violations and taken regulatory action accordingly," said the official from the China Securities Regulatory Commission (CSRC), without elaborating.

"The board of directors of listed firms should correct any such wrongdoing immediately," the official warned.

The oversight body has drafted new rules to better regulate the trading of equities in listed firms by senior company executives, the newspaper said.

It did not provide details about the new regulations which will be released soon but added that a technology platform and operating system that will provide oversight has been completed.

Most of China's listed firms were once state-owned and in many the state still retains a controlling stake.

Current regulations stipulate that top company officials must not transfer more than a quarter of their total shareholdings in their firm in each year of their tenure.

Executives are also subject to a one-year lock-up period after the listing of the firm's shares and cannot transfer stock in the company within half a year of stepping down from their post.

If officers who own five percent of a listed firm carry out a transaction within six months after buying or selling, the gains they make will belong to the company.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
临潭县| 凯里市| 增城市| 方城县| 海城市| 饶河县| 清苑县| 蓬溪县| 类乌齐县| 忻州市| 来安县| 曲麻莱县| 瑞昌市| 大竹县| 衡阳县| 安溪县| 禹城市| 沂源县| 诏安县| 邢台市| 新疆| 上饶县| 句容市| 吉林省| 秦安县| 平邑县| 惠州市| 阜新| 盘山县| 静安区| 吉安县| 晴隆县| 类乌齐县| 凤城市| 阿图什市| 北宁市| 申扎县| 泽州县| 东平县| 雅江县| 伊宁县|