Securities regulator also doubles lock-in period for shareholders in restructured companies.
Influential research center says reform should focus on ‘regulatory philosophy’ over next 2-3 years.
Tao Liming confessed in 2014 to taking bribes and embezzling public funds.
Deputy governor says orderly market exits for financial institutions should be encouraged.
Regulator to continue with strict oversight, strengthen action on restructuring, M&A manipulation.
Companies use analysts, and potentially even auditors and fund managers, to communicate value, CUHK study finds.
USD38 billion quota is the second largest after Hong Kong’s.
Shenzhen exchange to also hone in on fulfilment of commitments on underlying assets.
Foreign and local firms can apply to provide domestic services, ending UnionPay monopoly.
Casinos must keep daily records and hire compliance officers.