People walk at the Bund overlooking the financial district of Pudong in Shanghai. Photo: AFP

China needs ‘class action system with Chinese characteristics’ to woo investors, securities chief says

  • Yi Huiman said that class action across investment classes should be accelerated in China, amid a flurry of activity aimed at attracting foreign investors
  • Class action is possible in China, but rarely used in practice since it requires the recommendation of a court
Topic |   China stock market: Latest news and updates
People walk at the Bund overlooking the financial district of Pudong in Shanghai. Photo: AFP
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