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China private fund firms face clampdown: sources

Toby Yiu
The Beijing Administration of Industry and Commerce has reportedly suspended registrations of private investment firms as part of a wider tightening of regulations.
China private fund firms face clampdown: sources

Registrations of China private fund managers have reportedly been suspended in Beijing since Saturday as part of a tightening of industry regulation – which is viewed by some market observers as a positive move.

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