Can't fund companies operate both private placement and public offering?
I can't. According to Caijing.com's inquiry, fund companies are not allowed to run concurrently. Fund companies can only operate one kind of business and must implement the principle of professional management. Therefore, fund companies cannot operate private placement and public offering at the same time. A fund company refers to a company established in accordance with relevant laws and regulations to manage fund operation activities such as fund raising, fund share subscription and redemption, fund property investment and income distribution.