中国证券监督管理委员会 CHINA SECURITIES REGULATORY COMMISSION Non-tradable Share Reform in Chinas Capital Markets Qi Bin Director Research Center China Securities Regulatory Commission Feb.2007 Hanoi FOR INTERNAL USE ONLY- No portion of this communication may be reproduced or redistributedFOR INTERNAL USE ONLY – No portion of this communication may be reproduced or redistributed. Qi Bin Director, Research Center Director, Research Center China Securities Regulatory Commission China Securities Regulatory Commission Non-tradable Share Reform in China’s Capital Markets Feb., 2007 Feb., 2007 Hanoi