China’s private capital fundraising sinks to record low of US$3.4b amid tepid sentiment

Quick Summary:

The second quarter fundraising came in at US$3.4 billion, less than a tenth of the average US$45 billion raised each quarter between 2019 and 2021, according to data provider Preqin.

China’s private capital fundraising sinks to record low of US$3.

China-focused private equity funds stood at US$300 million in the second quarter, a 85 per cent slump from the previous quarter.

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChinaIndiaJapan

Topics: Capital Quarter Market Us$3 Funds Billion According Private China Fundraising Preqin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 14:02:28 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 694 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 32 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 21867840

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