China's top Internet dealmaker warns of 'lawless' markets
He says the influx of retail investors into primary markets which are not liquid is dangerous
Fri, Mar 04, 2016 - 5:50 AM
Mr Bao says Chinese retail investors have been sold tranches of venture capital deals through intermediaries for as little as 50,000 yuan.
CHINA's most prolific Internet dealmaker has issued a stern warning about the dangers facing investors in "lawless" venture capital and startup markets, urging regulators to step in and curb irrational investment and asset bubbles.