Listed companies cagey about data disclosure Luxurious divas. Chinese intriguing vixens.

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Beijing (CNS) -- Listed companies in China are mostly unwilling to disclose information about their operations, according to a report released Sunday.

Although there is a high rate of disclosure among listed companies, most of them only release data when required by regulators, the report said.

Financial and insurance companies have a higher information disclosure rate, as do better performing companies and those with more recent listings, the report found.

Companies listed both in the mainland and Hong Kong have a higher information disclosure rate than those only listed in the mainland, it said.

Published by the Research Center for Corporate Governance and Enterprise Development of Beijing Normal University, the Information Disclosure Indexes of Listed Companies in China (2012) assessed a total of 2,033 listed companies.