Chapter I General Provisions
Article 1 The present Law is formulated for the purpose of
regulating the issuance and transaction of securities, protecting
the lawful rights and interests of investors, safeguarding the
economic order and public interests of the society and promoting
the growth of the socialist market economy.
Article 2 The present Law shall be applied to the issuance and
transaction of stocks, corporate bonds as well as any other
securities as lawfully recognized by the State Council within the
territory of the People's Republic of China. Where there is no such
provision in the present Law, the provisions of the Corporation Law
of the People's Republic of China and other relevant laws and
administrative regulations shall be applied. Any listed trading of
government bonds and share of securities investment funds shall be
governed by the present Law. Where there is any special provision
in any other law or administrative regulation, the special
provision shall prevail. The measures for the administration of
issuance and transaction of securities derivatives shall be
prescribed by the State Council according to the principles of the
present Law.
Article 3 The issuance and transaction of securities shall
adhere to the principles of openness, fairness and
impartiality.
Article 4 The parties involved in any issuance or transaction of
securities shall have equal legal status and shall persist in the
principles of free will, compensation and integrity and
creditworthy...
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