The China Securities Regulatory Commission plans to raise the threshold for private individual qualified investors, with financial assets not less than 5 million yuan

The China Securities Regulatory Commission is soliciting opinions on the "Measures for the Supervision and Administration of Private Equity Fund Raising", which proposes to stipulate that individual qualified investors must have at least two years of investment experience, and have household financial assets of not less than 5 million yuan, household financial net assets of not less than 3 million yuan, or an average annual income of not less than 500000 yuan in the past three years; Private equity funds that invest in real estate, single assets, overseas assets, and over-the-counter derivatives must have at least four years of investment experience as individual investors, with household financial assets not less than 10 million yuan and household financial net assets not less than 6 million yuan.