Wednesday, September 19, 2007
China securities regulator tightens takeover rules
The China Post - China's securities regulator tightened rules on takeovers to tackle insider trading in a market where the benchmark index has almost tripled this year. The China Securities Regulatory Commission last night announced on its Web site increased scrutiny of private share placements and tighter rules on disclosure of market-moving news amid a suspected rise in market malfeasance. Full Story