China companies raise over 11x more money in the US year-on-year

Foreign Direct Investments (FDI) into China rose by 4% despite the global pandemic


Alfred Lee

27 Apr, 2021

China companies raise over 11x more money in the US year-on-year | BEAMSTART News

Companies from China are raising a lot more money in the United States each year.

In Q1 2021, the total amount of money raised by Chinese companies in the US market peaked at $4.37 billion, over 11x more than the same period last year, which stood at $370 million.

China's Tuya Smart at their NYSE listing.

More Chinese companies are listing in the US

Q1 2021 also saw 20 companies from China listing in the US, according to data from Deloitte China.

This number is over 3x higher than the same period last year, where only 6 companies went public.

The top 3 firms that went public this year include vape producer RLX (NYSE: RLX), IoT cloud platform Tuya Smart (NYSE: TUYA), and Q&A community Zhihu (NYSE: ZH).

Zhihu's NYSE Public Listing earlier this year.

China's domestic fundraising activity has fallen

Back in China, domestic fundraising activity has slowed down after a sharp rise last year.

While the number of companies that went public in China's home market doubled in Q1 2021, the amount raised fell 3% year-on-year.

Despite falling funding numbers, foreign direct investments (FDI) into China rose by 4% in 2020, at the height of the global pandemic.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Site Reliability Engineer

Doppler

San Francisco, United States

Full Time

Salary Undisclosed

Engineering Manager (Editor Team)

BioRender

Toronto, Canada, United States

Full Time

Salary Undisclosed

Sales Director

Fieldguide

San Francisco, United States

Full Time

Salary Undisclosed

Senior Business Development Representative

Flint

San Francisco, United States

Full Time

USD 60000 — USD 90000 yearly

Senior Software Engineer - Remote (backend, node.js)

Zeal

San Francisco, United States

Full Time

USD 145000 — USD 185000 yearly

Enterprise B2B - Product Manager

Rabbet

Austin, TX, United States

Full Time

Salary Undisclosed

Internship: Software Engineer / Game Developer (Winter)

DreamWorld

San Francisco, United States

Internship

Salary Undisclosed

Senior Data Scientist

Gridware

Walnut Creek, CA, United States

Full Time

Salary Undisclosed

Head of Engineering

Humaans

London, United Kingdom, United States

Full Time

Salary Undisclosed

Tech Lead, Developer Advocacy

OneSignal

San Mateo, CA, United States

Full Time

Salary Undisclosed

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).