1993.04.22
STATE COUNCIL OF CHINA
information" refers major information remaining secret
but in the possession of the related issuers, securities managing
organization, legal persons intending to buy shares, securities
supervision and control organizations, self-disciplinary managing
organizations in the securities trade and other people closely
associated with them.
16. "Stock exchange" refers to a site where, with approval,
stocks are traded and prices are quoted through an organized system.
17. "Securities managing personnel" refers to staff members of a
securities managing department or a selfdisciplinary managing
organization in the securities trade.
18. "Employees of the securities trade" refer to the working staff
members of organizations engaging in the issuing, trading and related
operations.
Article 82. The regulations concerning the management of
securities operational organizations and stock exchanges shall
be formulated separately.
These provisions do not apply to shares held by the staff
members and workers of a company.
Article 83. The right of interpreting the provisions rests
with the SCSC.
Article 84. The provisions come into force as of the
date of promulgation.
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