Chinese regulator considers making brokerage PE pilot program full time
A pilot program under which Chinese securities companies participate in private equity investment may be approved for full implementation. Huang Wenyuan, director of the department of institutional investors at the China Securities Regulatory Commission (CSRC), said the move was under consideration, China Daily reported.
The pilot program was launched in 2007 and 34 securities companies have been awarded licenses for private equity investment. According to the Securities Association of China, investments total RMB10.2...
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