Source: South China Morning Post

Wealth Capital: Mixed ownership reform an opportunity for private equity to invest in state enterprises

Chinese private equity will have more opportunities to invest in state-owned enterprises under the mixed ownership reform, but its initial investment is likely to be in the form of collaboration with state-owned restructuring funds, a recent Beijing private equity forum heard. Xiong Yang, chairman of the Beijing-based private equity company Wealth Capital, said the mixed ownership reform, which is entering its third pilot scheme involving 31 state-owned enterprises, will provide the biggest...

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