Zhang Xin has a Ph.D. in Finance from Columbia University and is a professor at the China Centre for Economics Research CCER at Beijing University. In this exclusive article he explains the benefits and background of the CSRC's new mergers and acquisitions proposals.
On July 27, 2002, the China Securities Regulatory Commission CSRC issued its 'Regulation on listed company take-overs' for public consultation. Based on international experience and designed to cope with China's special circumstances, the Regulation resolves a number of major problems that have prevented the emergence of an MA market in China. What is the status of China's MA market And how should we understand the guidance provided by the...
