Private Equity and Venture Capital

New guidelines from China's banking authority open up stock index futures trading to trust companies. However, strict restrictions and stringent qualification criteria have drawn mixed reactions from trust players

First attempt to regulate private equity enterprises nationwide.

The Circular aims to further regulate the administration by record filing of equity investment enterprises in the pilot areas: Tianjin Binhai New Area, Beijing Zhongguancun Science and Technology Park, Wuhan East Lake New Technology Development Zone and the Yangtze Delta.

New circular provides detailed operational rules

The release of several recent private equity-related regulations indicates the government's encouragement for increased foreign participation in this space. Shanghai's new Pilot Measures provide several new fund structures for offshore investors, but in order to advance the PE market regulators need to provide more guidance to address other challenges like fund-raising, partnership asset transfers, exits and taxes

The release of several recent private equity-related regulations indicates the government's encouragement for increased foreign participation in this space. Shanghai's new Pilot Measures provide several new fund structures for offshore investors, but in order to advance the PE market regulators need to provide more guidance to address other challenges like fund-raising, partnership asset transfers, exits and taxes

A new set of rules heralds easier access to Chinese investments for overseas private equity funds

Qualified institutional investors given easier access to onshore markets

Doors are opening up for private equity (PE) investors, with Shanghai launching a new programme recently that addresses foreign exchange concerns and allows qualified foreign-invested funds to enter the market. However, for PE players, fundamental challenges remain