The CSRC's No Objection Letter: Continuing Uncertainty for Venture Capitalists Looking to Exit from PRC Investments through the Hong Kong Capital Markets
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The CSRC's No Objection Letter: Continuing Uncertainty for Venture Capitalists Looking to Exit from PRC Investments through the Hong Kong Capital Markets
Article by Michael G. Chin and Barbara W.K. Mok
One of the biggest deterrents for investors looking to put venture capital into China is finding a suitable exit from their investment. With the continuing absence of a domestic growth enterprise market suitable for listing small to medium-sized high-tech companies, Hong Kong's GEM board should repre...See the full content of this document