On 6 May 2016, the China Securities Regulatory Commission ("CSRC") issued an FAQ on "Beneficial Ownership under QFII/RQFII Regime" to clarify the issue on beneficial ownership of securities held in accounts under Qualified...more
It has long been a well established exit route in developed markets for a private equity firm to sell its interest in a portfolio company to a listed company in exchange for shares in that listed company. Until recently, this...more