CSRC
Chinese regulator halts GP listings on New Third Board
China’s securities regulator has suspended listings and fundraising by domestic private equity firms on the National Equities Exchange and Quotation (NEEQ) system, also known as the New Third Board.
CSRC issues Chinese domestic PE fundraising rule
The China Securities Regulatory Commission (CSRC) has issued rules governing the domestic private equity industry following a public consultation.
Chinese regulator issues guidelines for domestic PE
The China Securities Regulatory Commission (CSRC) has issued draft rules for the domestic private equity industry, including a definition of investors qualified to participate in funds.
Internal structure issues hinder China insurer PE allocations - AVCJ Forum
Unfamiliarity with asset allocation strategies and an emphasis on short-term investment returns are the underlying issues limiting Chinese insurance companies’ exposure to private equity, industry participants told the AVCJ China Forum.
CSRC to allow brokerages to offer private funds
The China Securities Regulatory Commission (CSRC) has relaxed rules on product distribution by brokerages, allowing them to sell privately-raised funds.
China reverse mergers: In through the out door
With China IPOs still stuttering, a number of private equity investors in need of an exit have opted to go public through reverse mergers. Is the risk-reward good enough for this to become the normal?
China regulation: Big before their time
Domestic Chinese private equity managers are now officially permitted to pursue multiple strategies. But is the industry ready for the ‘mega asset management' model the regulator envisages?
50 China PE firms win licenses from AMAC
The Asset Management Association of China (AMAC), a group set up by the China Securities Regulatory Commission (CSRC), has issued licenses to the first batch of 50 private equity firms in China, allowing them to legally offer asset management products.
CSRC to restructure, introduce private equity department
The China Securities Regulatory Commission (CSRC) is undergoing a restructuring that will see the creation of four divisions to oversee fast-moving markets, including private equity.
China IPOs: Incremental benefits
China’s securities regulator has introduced a registration-based IPO system designed to offer greater transparency. However, this does not mean an end to intervention in public markets processes.
Chinese industry group announces PE registration rules
The Asset Management Association of China (AMAC), a group set up by the China Securities Regulatory Commission (CSRC), has announced rules addressing domestic private equity firms' record management, operational standards and information disclosure.
PE-backed Chinese firms delay IPOs as CSRC tightens oversight
At least five Chinese companies – three of which have PE backers – have postponed their IPOs as the Chinese Securities Regulatory Commission (CSRC) released measures to strengthen supervision of public offerings.
PE-backed firms win approval for China listings
Five Chinese companies – at least two of which have private equity or venture capital backers – have won approval to list on mainland stock exchanges as the year-long IPO lockdown comes to a close.
China to resume IPOs in 2014 – CSRC
The China Security Regulatory Commission (CSRC) plans to re-open the IPO market in January. About 50 firms are expected to pass the regulator’s review and become the first batch to list.
China to modify IPO approvals system
The China Securities Regulatory Commission (CSRC) will move towards a registration-based system for IPOs in place of the current approval-based system. This is intended to make it easier for companies, especially smaller ones, to raise capital.
3Q analysis: Haves and have nots
Third quarter analysis: Fundraising fortunes become ever more polarized; Korea continues to be the stand-out buyout market, while India shows growth from a very low base; China IPOs are on the comeback trail
NDRC stops registering domestic private equity funds
The National Development and Regulatory Commission (NDRC) is said to have stopped registering for domestic private equity funds, having lost out to the China Securities Regulatory Commission (CSRC) in the battle to become the asset class' preeminent regulator.
CSRC to regulate Chinese PE, NDRC to promote it – State Council
China’s State Council appears to have resolved the regulatory spat over domestic private equity, designating the China Securities Regulatory Commission (CSRC) as the single agency responsible for the asset class. The National Development and Reform...
No timetable for re-opening China IPOs – regulator
The China Securities Regulatory Council (CSRC) said it doesn’t have a timetable for resuming IPOs, in response to media reports on last Tuesday that new shares could be listed in July.
Chinese PE regulation: Tug-of-war
The National Development and Reform Commission and China Securities Regulatory Commission have yet to resolve their dispute over private equity oversight. Uncertainty isn't helpful to industry participants
NDRC private equity executive moves to CSRC
Liu Jianjun, a senor official at the National Development and Reform Commission (NDRC) who oversaw the private equity division, has been handed a leading role within the China Securities Regulatory Commission's (CSRC) fund department. The move comes amid...
StarRock to be first China PE firm to enter mutual fund space
China’s sunshine fund StarRock Investment has recently established a mutual fund department, making it the first domestic private equity manager to officially operate in the public fund space.
China PE and mutual funds: Never the twain shall meet
China’s securities regulator has invited domestic PE firms to raise mutual funds, prompting a rival agency to forbid such a move. Regardless, industry participants are uninspired by this opportunity
China's NDRC seeks tighter grip on private equity
China's top planning body, the National Development and Reform Commission (NDRC), has reiterated its call for private equity funds to register with local governments. It is the latest move in an ongoing turf war over the asset class after the Chinese...