China's CSRC Announces New Measures on Tuesday to Boost M&A Efficiency and Long-Term Investments in Stimulus Package

Sep 26, 2024, 11:38 AM

China's Securities Regulatory Commission (CSRC) has announced a series of new measures on Tuesday aimed at enhancing the efficiency of mergers and acquisitions (M&A) among listed companies. These measures are part of Beijing's latest stimulus package to bolster the economy. The CSRC will encourage private equity funds to participate in M&A activities and restructuring of listed firms, particularly in strategic emerging industries and future industries. Additionally, the regulator will motivate companies to buy back shares and enhance foundational systems for long-term investment, while strengthening oversight of long-term capital transactions. The public is being solicited for opinions on a guideline about market value management practices. The CSRC will also support the steady development of equity funds.