China: Venture Capital

继中国证券监督管理委员会于2026年2月27日发布《私募投资基金信息披露监督管理办法》（以下简称《监督办法》）后，2026年3月13日，中国证券投资基金&#

岁月不居，时节如流。当2025年的日历翻至最后一页，我们再次站在年岁交替的交叉口，回望过往一年中国私募基金行业[1]的发展，又是充满机遇与挑&

本文拟结合中国并购贷款市场的现状与数据表现，系统梳理《并购贷款新规（稿）》的主要修订内容，并探讨其对商业银行并购贷款业务开展的潜

从融资方的角度看，总是希望高估其价值，以便以尽可能少的股权换取尽可能多的投资；从投资方角度看，总是希望低买高卖，即以较少投资!

As the world emerges from the global economic shut down that occurred in 2020 due to the pandemic, many multinational companies are facing production issues and supply shortages.

By the time we went to publish this interview, it was a significant factor in the state of venture capital investing and, more broadly, our global economy.

This is the first case in China where a court denied the validity of an agreement with a valuation adjustment mechanism.

Shanghai's regulatory authorities officially launched the foreign invested private equity investment enterprise pilot program (the Pilot Program) with the issuance of the Implementing Measures on the Pilot Program of Foreign Invested Private Equity Investment Enterprises on 11 January 2011 (for more information, see (Legal Update: New Measures to Facilitate Foreign Investment in Funds and Fund Managers Registered in Shanghai).

China's National Development and Reform Commission (NDRC) has recently taken further steps to regulate and standardise fundraising by private equity funds and the operation of fund management companies in China.