PolyU Library
Journal Call no.AP8.W56
AuthorKalathil, Shanthi.
Article TitleSecurities law : lost in bureaucratic limbo? : internal clash the cause, claim experts / Shanthi Kalathil.
Is Part OfWindow ; v.3, no.36, 16 Sep 1994, p.54-55, illus.
AbstractAlthough China's enthusiasm in attracting foreign capital is certainly welcomed abroad, brokers are worried that some institutional investors are reluctant to fully embrace Chinese companies without a bit of domestic assurance from their mainland parents in the shape of a formal securities law. Those who have seen the drafts of this law, first promised years ago by Chinese authorities, say it covers everything from mergers and acquisitions to short-term trading by directors. However, the question of where this law is remains unanswered.