China to let brokerage asset managers launch PE funds
Date: February 17, 2011
China’s securities watchdog is planning to allow select asset management units of brokerages to launch private equity funds for the first time as soon as this year, according to two people with direct knowledge of the situation.China’s securities watchdog is planning to allow select asset management units of brokerages to launch private equity funds for the first time as soon as this year, according to two people with direct knowledge of the situation.
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Source: Reuters
