May 03, 2024 09:34 AM

CX DAILY

CX Daily: China Signals Support for Private Funds With Toned-Down Rules

00:00

00:00/00:00

Listen to this article 1x

New guidelines for regulating China’s private securities funds toned down certain requirements that had sparked controversy in an earlier draft version. Photo: VCG

New guidelines for regulating China’s private securities funds toned down certain requirements that had sparked controversy in an earlier draft version. Photo: VCG

Private funds /

China signals support for private funds with toned-down rules

New guidelines for regulating China’s private securities funds (PSFs) toned down certain requirements that had sparked controversy in a draft version of the rules, including the forced liquidation of small funds, in a sign that regulators are trying to curb risk without hamstringing the entire sector.

Register to read this article for free.

Register

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Powerful Quake Strikes Off Japan

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

China Business Uncovered Podcast: Brazil’s ‘Very Chinese Moment’

00:00

00:00/00:00

MOST POPULAR

1: Luckin-Backer Centurium Capital to Buy Blue Bottle Coffee From Nestlé

2: Cover Story: How China’s Growing Gig Economy Has Left a Generation Adrift

3: Two Sessions: With 4.5%-5% Growth Target, China Aims to Create Space for Reform

4: First Tanker Crosses Strait of Hormuz Since Iran’s Closure Threat

5: Two Sessions: China’s 2026 Growth Target in Focus as Range Option Looms

SPONSORED

OR