People familiar with the matter revealed that Chinese regulators met with global investors on Friday (July 21) to enhance market confidence when the economic recovery was weak.
According to Bloomberg, people familiar with the matter who did not want to be named because the news was not made public, Fang Xinghai, vice chairman of the China Securities Regulatory Commission, met with some global venture capital and private equity companies, listening to their investment in ChinaWorry.These include Shen Nanpeng, founding partner of Sequoia China and a high -level representative of Huaping's investment.
People familiar with the matter said that there are other officials of the China Securities Regulatory Commission and the China Securities Investment Fund Industry Association.
Both institutions did not immediately reply to the review request outside of working hours, and Sequoia did not reply.A representative of Huaping Investment will not comment when it is connected by SMS.
People familiar with the matter said that the topic of the discussion on the Friday meeting includes what measures can be taken to ensure that global fund agencies can continue to invest in China.One of the people familiar with the matter said that the demands put forward by the regulatory agency include to accelerate the registration procedures for the first public offering (IPO) overseas public offering (IPO), accelerate the listing of stocks in mainland China, and relax the regulations on mergers and acquisitions.
Bloomberg reported that the Chinese regulatory agency and the global fund people were unusual. Just a few days ago, the Chinese government announced that it would promote the development of the private economy with the strongest voice in several years, butInvestors still have questioned voices, calling on more specific measures and more powerful stimuli measures to revitalize economic growth.
