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ACGA Blog - China aligns CG rules with the Company Law

On 27 December 2024, China’s CSRC amended a series of regulations. The latest rule changes scrap supervisory boards in listed companies, lower the bar for shareholder proposals, and strengthen the roles of controlling shareholders and INEDs. Less positive are the further formalisation of dual-class shares and lack of clarity on Party Committees, writes ACGA Research Head of Greater China, Lake Wang. Read more here.