China issued guidance on private funds on June 5 covering ro
文 / 小金
2026-06-05 23:10:03
来源:亚金网
China issued guidance on private funds on June 5 covering roughly 23 tln yuan of assets. The document said private venture funds have played a key role in supporting tech innovation and SMEs but some have deviated from mandates and shown weak internal controls. The guidance aims to steer private VC funds back to core tech/innovation activities, channel more capital to support the real economy, and purge low-quality private fund products. Private securities funds account for about 10-20% of A-share secondary market turnover.
