Beijing on Wednesday declared that strategic foreign investors wishing to buy shares in listed Chinese companies must buy stakes of at least 10 percent and hold them for three years or more.

The restrictions are part of a detailed list of requirements published following a policy announcement in October that opened the door for long-term foreign investors to buy tradable shares in listed Chinese companies for the first time. The new rules open up an avenue of exits for such foreign investors, but they also come with stringent rules attached.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]