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/Mark...
Check out Alex’s Cautious Optimism article: https://www.cautiousoptimism.news/p/b...
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