Regulator Vows Insider Trading Crackdown

(Beijing) – The China Securities Regulatory Commission reiterated its resolve in combating insider trading during the restructuring of listed companies, at a CSRC accountability meeting on June 21.

CSRC Chairman Shang Fulin said that there have been many recent cases of insider trading, particularly in the field of mergers and acquisitions.

Shang said the CSRC will work with the State Assets Supervision and Administration Commission to raise awareness on insider trading among state-owned companies.

In the first half of this year, the regulator opened probes into 121 cases, 59 of which were insider trading cases and 14 were market-rigging cases.