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China said Thursday it will continue the country’s【B1】______share reform in
China said Thursday it will continue the country’s【B1】______share reform in
游客
2024-02-16
40
管理
问题
China said Thursday it will continue the country’s【B1】______share reform in an orderly manner and on the basis of maintaining【B2】______development of its capital market while protecting the legitimate rights of investors.
Participants at a meeting held by China’s Share Reform Leading Group said the reform has been going on【B3】______since the Chinese government approved the pilot share reform on April 29 of this year.
Provincial officials in charge of the reform also【B4】______the meeting, which called for【B5】______ of policies to【B6】______the success of the reform.
The Chinese government published a nine-point strategy to revive the capital market in February, 2004, stating that a【B7】______and healthy capital market is essential for the country’s【B8】______ reform and development.
【B9】______tradable through arrangements between the listed firms or their controlling share holders and public investors.
Under the arrangement, most listed firms or majority stock holders pay compensation to minority stock holders in exchange for the mass untradable shares held by the firms or the majority stockholders to be able to be floated on the market.【B10】______.
The Chinese national legislature recently amended the country’s securities and corporate laws in a bid to【B11】______. [br] 【B10】
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答案
Minority stock holders were given about two to four shares in compensation for every 10 shares they have.
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