APAC private capital market looks to positive news from China for growth: Preqin

Quick Summary:

China’s contribution to the region’s market for private capital has tumbled, but measures from Beijing could spark a turnaround.

Preqin believes private market fundraising in APAC bottomed out in 2023 and will gradually improve, with an annualised growth rate of 6.7 per cent between the end of last year and 2029, according to its note.

However, “a deterioration may warrant reviews to the downside.

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChina

Topics: Government Market Capital According Private Stimulus Development Sector China’s Preqin Support

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 07:00:17 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22988303

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