20 May 2019

CSRC issues rules on non-listed share transfers, paper says

The China Securities Regulatory Commission (CSRC) said shares and equities of non-listed companies must be traded on the National Equities Exchange and Quotations system, China Securities Journal reported Tuesday, citing a draft public consultation document. The CSRC also requires that such shares and equities be registered with the China Securities Depository and Clearing Co. Ltd., the report said.

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