Education, Science, Technology, Innovation and Life
Open Access
Sign In

The Pulse of Private Equity and Debt

Download as PDF

DOI: 10.23977/ssmme.2018.62213


Wu Guoyan

Corresponding Author

Wu Guoyan


The introduction of private placement of SMEs in 2012 is an important financial innovation. It is an important step toward expanding the financing channels for SMEs and improving the structure of China's capital market. This paper analyzes the significance, development status and existing problems of private placement, and based on the theory of property rights exchange, draw lessons from the experience of private placement in the United States, and discusses how to promote the prosperity and development of private placement in China from the aspects of liquidity, credit rating, main qualifications and other aspects of feasible suggestions. This paper is of great significance to researchers and practitioners of private debt in our country.


SMEs, private debt, liquidity, credit rating, issuer

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.