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Chinese securities watchdog revises disclosure rules for asset restructuring of listed firms

( September 22, 2017, 10:10 GMT | Official Statement) -- MLex Summary: The China Securities Regulatory Commission today released a revision of its rules on the content and format of information disclosure by companies that issue publicly traded securities. The revision improves disclosure rules for significant asset restructuring of listed companies, the regulator said in a statement. The improvements include a simplified version of restructuring plans to shorten the period of a suspension of trading, and a series of rules requiring disclosure of information such as ultimate investors and their sources of capital under certain circumstances.The statement follows and the text of the revised rules is attached....

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