Chinese PE firm Wise Road in advanced talks to buy Singapore's Innovalues

Chinese PE firm Wise Road in advanced talks to buy Singapore's Innovalues

FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo

Chinese private equity firm Wise Road Capital is in advanced talks to buy Singapore’s Innovalues Holdings from Northstar Group, two sources with knowledge of the matter said.