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Compass
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China Securities Regulator Allows Employee Stock Ownership Plans
Bloomberg BNA June 27, 2014
"Companies listed on China's stock exchanges may offer [ESOPs] under new guidance from China's securities regulator [CSRC], a welcome development for multinationals investing in listed Chinese companies ... Companies wishing to create an ESOP do not need to obtain pre-approval from the CSRC but must disclose information to the market about implementation of the plan. The only exception would be the issuance of new shares, in which case CSRC approval would be required."
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