Private Equity
<p>CSRC chairman Liu Shiyu warns some asset managers not to be &lsquo;prodigal vulgar rich&rsquo;, &lsquo;evil monsters&rsquo; and &lsquo;poisonous pests&rsquo; of the industry.</p> <p>The chairman of China&rsquo;s securities regulator strongly rebuked some asset managers for their &ldquo;barbaric&rdquo; leveraged company buyouts by using illegal funds, according to a statement posted on the China Securities Regulatory Commission (CSRC) website on Saturday.</p>