China regulator relaxes exit rules for PE, VC firms
The China Securities Regulatory Commission (CSRC) has eased rules for private equity and venture capital firms by reducing their post-IPO lock-up period in an A-share listed companies from three years to one year.
The revised lock-up period applies to all PE and VC investors holding minority positions in companies and to VC investors with majority positions that meet certain criteria, the regulator said in a statement....
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