亚洲精品1234,久久久久亚洲国产,最新久久免费视频,我要看一级黄,久久久性色精品国产免费观看,中文字幕久久一区二区三区,久草中文网

Economy

Markets

Industries

Insights

Reports

Events

PE funds raise more capital in 2008

By Bi Xiaoning (chinadaily.com.cn)
Updated: 2009-01-19 19:23

Private equity (PE) funds raised about $61.15 billion capital in Chinese mainland in 2008, up 71.9 percent year-on-year, according to a report released by market researcher Zero2IPO Group on Jan 19.

The number of PE funds increased by 51 in Chinese mainland in 2008. Of these 20 are renminbi funds and the amount accounted for 34.9 percent of total capital raised by PE funds.

"In 2008, China relaxed the limitation on equity investment by brokerages, insurance companies and asset management institutions, which made renminbi funds quite active," said Zheng Xingguo, vice-president with Zero2IPO Group.

The existing options for PE funds include initial public offerings (IPOs), share deductions after listing and M&As. Due to the sluggish stock market, only 24 PE fund deals were transacted in 2008, dropping by 74.5 percent over 2007. Among this, 19 deals selected IPO as the existing channel, accounting for 79.2 percent of total existing deals.