Statues of bulls in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024.
China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign investment.
Under the new regulations, China will allow foreign individuals to invest strategically in listed companies, the Ministry of Commerce said in a statement.
The asset threshold for non-controlling foreign investors has been lowered, now requiring $50 million instead of $100 million.
The country will also add tender offer as an approved investment method, along with private placement and negotiated transfer, the statement said.
Organizations:
Ministry of Commerce
Locations:
Lujiazui, Shanghai, China