Date
22 August 2017

Listed firms face tougher stock incentive rules, paper says

The China Securities Regulatory Commission (CSRC) said listed companies should observe at least three comparable peers in formulating their stock incentive schemes, Shanghai Securities News reported Monday. The CSRC said such schemes could raise the competitiveness of listed firms but these should not be implemented by any company that is losing money. Listed firms are required to disclose the companies they took reference from in order to protect shareholder interests, the report said.  

– Contact HKEJ at [email protected]

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