Securities regulator says beefed-up rules on disclosure and corporate governance are on their way.
Chinese regulators have pledged “more stringent oversight” of the country’s listed companies, according to the Xinhua news agency.
Speaking at a conference in Shanghai, Jiang Yang, vice chairman of the China Securities Regulatory Commission, said information disclosure and corporate governance would be improved.
Xinhua reported that tougher regulations and “enhanced monitoring” would be introduced but added that Jiang did not elaborate on what specific measures would be taken.
Xinhua reported: “Poor corporate governance is among c
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Institutional investors await the outcome of consultation on the role of non-voting stock in determining membership of FTSE Russell indices, following SNAP's decision to float without a single voting share.