07 Apr Expect more proposals on ESG issues in China, as reforms unleash minority shareholder activism, Allianz GI says
Posted at 03:00h
in Asia
Under the mainland’s revised company law enacted in December, from July 1, the minimum ownership threshold for submitting shareholder resolutions to be voted on at shareholder meetings will be lowered from 3 per cent to 1 per cent.The move, together with the China Securities Regulatory...