摘要
China＇s securities industry will see a complete break with the past as the country＇s regulator is determined to expand the trial State share sale program to all listed companies. At the end of June, Shang Fulin, chairman of the China Securities Regulatory Commission （CSRC） said that the country would tackle the problem of split ownership structure in a short period. Though he did not give an exact timetable, the decision will mean a big change in the decade-long market where only one-third of the shares in listed companies are currently traded.
