This book offers the first detailed analysis of China’s insider trading law,
explaining what constitutes insider trading in China and what the consequences
of unlawful insider trading might be there. More importantly, it suggests ways
in which the law might more effectively prevent the occurrence of insider
trading in the first place. Among the elements of the legal framework
addressed by the author are the following:
• Who benefits from insider trading
• The issue of when information becomes public
• A comparative law treatment of the underlying theories of insider trading
liability
• Private civil liability
• Damage caps
• Measures of recovery
The author’s approach focuses on China’s readiness to adopt foreign ideas
without adequately assimilating them into the local context. In this
connection, he sets out valuable reform proposals, using authority from field
interviews with Chinese stakeholders as well as from comparative case law.
