China Securities Regulatory Commission has revised regulations on the major asset restructuring of listed companies. Spokesperson Deng Ge said the regulations will also restraint fake asset restructuring.

"CSRC will continue to improve the supervision mechanism and further standardize the listing process. Besides, CSRC will restraint fake asset restructuring and improve the quality of listing companies," said Deng Ge, spokesman, China Securities Regulatory Commission.

The new regulations clarify the bottom line of investor classification and product grading. It also curb speculative listings and maintain market stability. Analysts say that the new regulations will also lessen speculative activities on shell companies.