Nov 29, 2021 07:09 PM (GMT+8) · EqualOcean
Cailian, November 29 (Xinhua) -- the China Securities Regulatory Commission recently approved the pilot transfer of private equity and venture capital shares in the Shanghai regional equity market. The pilot share transfer will be carried out relying on Shanghai equity custody trading center, gradually broaden the exit channels of private equity and venture capital, promote the integrated development of private equity funds and regional equity market, and help smooth the circulation of financial and industrial capital. At the same time, the reply also requires all parties to strictly abide by the bottom line of private placement supervision, control the access of qualified investors, and strictly implement the territorial responsibility of daily supervision and risk disposal.