The effect of the more than one year’s subprime mortgage crisis, the turbulent global economic situation, the continuing rise in the costs of raw materials and labor and dismal Chinese capital market performance do not hinder investors’ enthusiasm for China’s VC/PE market.
According to Zero2IPO Research Center statistics, 47 VC firms established 63 funds during the first half of 2008. This figure represents US$5.282B of capital available for investing in Mainland China, up 94.5% than H1’07. Additionally, 275 Chinese entrepreneurial firms receiving venture capital disclosed investment totaling US$2.145B, up 92.7% than H1’07. From January to June 2008, 26 PE funds targeting Asia (including China) raised US$32.020B, up 139.2% than H1’07. Meanwhile, 73 Chinese enterprises received US$5.238B in investment from PE organizations, equivalent to the PE investment size for H1’07.
The unabated passion for investment shows that investors continue to look to further increase in China’s market. The second “China Venture Capital & Private Equity London Forum 2008 ” at Hilton London Paddington Hotel on October 7, 2008 will invite about 200 Chinese and European VC investors, entrepreneurs, fund investors and relevant professionals to exchange views, share experience and find cooperation opportunities. The forum will include specialized panels focusing on the hottest topics, such as China’s investment hotspot, European Investors Opportunities in China, European LPs develop in China.
Early Bird: Register before September 12th, USD 876/￡425 (each).
Note: China Business Services is a promotional partner for the event.