News Snapshot:
The exit channel for private equity and venture capital firms that invest in up-and-coming businesses like startups and small and medium-sized enterprises will be further expanded in China as the central regulator has approved an investment share transfer program in Shanghai. The China Securities Regulatory Commission, the country's securities watchdog, approved on Monday the launch of a pilot program under which investment shares of PE and VC firms can be transferred. The pilot program will be experimented at the Shanghai Equity Exchange in the hope of expanding exit channels for PE and VC firms. The regional equity market can be...
