China – SZSE Related Transaction Disclosure

China – SZSE Related Transaction Disclosure

On 29 May 2020, SZSE issued guidelines on disclosure of transactions.

  • Guidelines on information disclosure - transactions and related party transactions.

Guidelines

  • Improve the rule structure and convenience of use; delete overlapping regulations.
  • Simplify requirements for purchasing assets from related parties at a high premium; introduce audit/evaluation exemptions for certain types of parties and transactions.
  • Clarify supervision standards and standardize rules to improve efficiency of application.

Effectiveness

  • Guidelines are implemented on the same day of publication.