IN BRIEF (Page 14)

Pudong woos PE, VC firms

Foreign venture capital and private equity firms can now get registered as equity investors at Shanghai's Pudong, according to a regulation passed by the Pudong New Area government. The move is intended to attract more international VC and PE firms to invest. Earlier, the firm used to register as a representative office or consulting company, thus limiting their business.

CCB eyes Cinda stake