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Carlyle Group Thinking about taking CEBM a Research company in Shanghai

Recently heard Carlyle is taking interest in CEBM a sell side research firm in Shanghai China.  However, what is werid, dont really know what that companies does.  There have been numerous employees leaving lately going to better Fund Companies within Shanghai.  And frankly CEBM does not even have a liscense to produce reports in China.  This is the question that we need to examine about the Chinese market itself.  These boutique firms boom up by the hundreds yearly and climb up within the Brokerage firms getting money like the firm but without the license.  

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.