Reading Time: < 1 minute
Private Equity plays a bigger role in Chinese stock market these days. In the US private equity deals more with M&A, merge and acqusitions. In China, because the stock market did so well in last year, a lot private money has been poured into private equity (私募基金). You can feel the temporature of the market by reading this “raising minimum limit” notice. Besides money, many mutual fund managers have jumped the ship for private equity.
Interestingly, I was seriously thinking about start a similar thing (more like Buffett’s partneship, vs. other capital management firms) for a while. I won’t have this CNY 1 m. limit, which I think is no small amount for most people here. If anyone is interested, read “investing together” at the right.