s. Pressure for IAS financial statements. ? ? 2004 Deloitte Touche Tohmatsu 2004 Deloitte Touche Tohmatsu 10 PRC Capital Markets PRC Capital Markets ?? Also, foreign investors can buy Also, foreign investors can buy ““ State State - - Owned Owned ”” and and ““ Corporate Corporate ”” shares: shares: ?? Limited circumstances. Limited circumstances. ?? Joint announcement of MOF, CSRC, Joint announcement of MOF, CSRC, and State Economic and Trade and State Economic and Trade Commission. Commission. ?? Amounts to Amounts to ““ back door back door privatisation privatisation ””. . ?? Note: there has been political and Note: there has been political and labour resistance to labour resistance to ““ privatisation privatisation ”” attempts in past few years. attempts in past few years.
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