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.
Reuters
