New Shenzhen PE rules to support local funds growth
With Shanghai and Beijing already moving to establish their local private equity fund formation rules, Shenzhen in southern China is now launching its own regulatory platform to foster local incorporation of so-called "equity investment funds".
The new "Regulations on Promoting the Development of the Equity Investment Funds Industry," now approved in principle by the Shenzhen municipal government, cover local registration of the funds, tax benefits,...
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