This book offers the first detailed analysis of Chinas insider trading law, explaining what constitutes insider trading in China and what the consequences of unlawful insider trading might be there. More importantly, it suggests ways in which the law might more effectively prevent the occurrence of insider trading in the first place. Among the elements of the legal framework addressed by the author are the following: Who benefits from insider trading The issue of when information becomes public A comparative law treatment of the underlying theories of insider trading liability Private civil liability Damage caps Measures of recovery The authors approach focuses on Chinas readiness to adopt foreign ideas without adequately assimilating them into the local context. In this connection, he sets out valuable reform proposals, using authority from field interviews with Chinese stakeholders as well as from comparative case law.