Liu Jipeng, former dean of the School of Business at China University of Political Science and Law, called for the resolution of the major problems of listed companies at the China Investment Annual Conference. He pointed out that now the majority shareholders of more than 300 companies have contracted to reduce their holdings, so we need to be highly vigilant. China's success in bailing out the market must have been a success in blocking the regulatory system. The failure of the Chinese stock market bailout must have been a loss in reducing the holdings of a single major shareholder. He believes that the majority shareholders' shareholding ratio of listed companies should be reduced to 33%, or even 30%. “The Chinese capital market nurtures Hyundai Joint Stock Company, not family businesses.”

Zhitongcaijing · 11/26 04:17
Liu Jipeng, former dean of the School of Business at China University of Political Science and Law, called for the resolution of the major problems of listed companies at the China Investment Annual Conference. He pointed out that now the majority shareholders of more than 300 companies have contracted to reduce their holdings, so we need to be highly vigilant. China's success in bailing out the market must have been a success in blocking the regulatory system. The failure of the Chinese stock market bailout must have been a loss in reducing the holdings of a single major shareholder. He believes that the majority shareholders' shareholding ratio of listed companies should be reduced to 33%, or even 30%. “The Chinese capital market nurtures Hyundai Joint Stock Company, not family businesses.”