What’s killing Chinese venture capital? | TWIST After Hours
About this episode
Chinese venture capital funds are having a hard time raising new capital, and a soft exit market is making it hard to reverse that trend. China’s IPO market: “During the first six months of the year, the total value of mainland China's IPOs has plummeted 84% on the year to 32.5 billion yuan ($4.48 billion), while only 44 companies went public, down 75%.” Check out the Nikkei Asia article: https://asia.nikkei.com/Business/Markets/IPO/China-in-venture-capital-winter-worst-IPO-exit-market-in-decades Check out Alex’s Cautious Optimism article: https://www.cautiousoptimism.news/p/billion-dollar-…