China鈥檚 PE market still flourishing
China鈥檚 private equity market achieved its second best results on record and continued to be the largest market in Asia Pacific, a private report said yesterday.
The deal value in the PE market grew to US$73 billion last year from US$63 billion in 2016, and the average investment size stayed high at US$128 million, said Bain & Company鈥檚 2018 China Private Equity Report.
鈥淭he China private equity market has once again done exceptionally well and continues to show investors that it is maturing and becoming much more rational,鈥 said Lucia Li, partner with Bain & Company鈥檚 Private Equity practice in China.
鈥淥ur findings have shown that the country remains increasingly desirable and competitive, so all the players wishing to succeed in the country need to ensure that they have developed both short-term strategies and long-term plans to win,鈥 Li said.
The Internet and technology sectors were still favored by PE investors in 2017, according to the report.
But the number of exits in China rose sharply to a record 393 last year, from 237 in 2016. But the value of the exits stayed flat from a year ago.
The report also highlighted that corporate merger and acquisition activities have fallen significantly amid the Chinese government鈥檚 stricter capital control and policy.
鈥淐ompanies need to invest and focus on cost transformation and management going forward as macro conditions become less sanguine,鈥 said Kiki Yang, partner with the firm鈥檚 PE practice.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.