China unveils new policies on M&A, market value management
China DailyBEIJING -- The China Securities Regulatory Commission on Tuesday announced new measures aimed at guiding mergers and acquisitions among listed companies, and soliciting public opinion on a guideline about market value management practices. Regarding the M&A, the CSRC emphasized its commitment to actively support listed companies in pursuing M&A activities centered around strategic emerging industries and future industries. Regarding market value management, the CSRC's draft guideline for public consultation requires listed companies to focus their efforts on enhancing company quality, boosting operational efficiency and increasing profitability. The guideline explicitly prohibits listed companies from engaging in illegal activities under the guise of market value management.