18 August 2019

Private equity firms win licenses, paper says

Fifty private equity companies have won licenses to conduct business in investment securities, equities and ventures, China Securities Journal reported Tuesday. The licenses were awarded by the Asset Management Association of China, a self-regulated body representing the country’s mutual funds industry. The companies have been encouraged to offer multi-faceted global services, the report said, citing Zhang Yujun, assistant chairman of the China Securities Regulatory Commission. 

– Contact HKEJ at [email protected]



    EJI Weekly Newsletter

    Please click here to unsubscribe