The Chinese venture capital market collapsed in January, with both the value and number of deals down more than 60 per cent year on year. Photo: Reuters
China’s ‘easy’ money days over as value of venture capital deals plunges 67.5 per cent in January
- Investments for the month totalled US$4.3 billion, representing a 67.5 per cent year-on-year slide and 31.7 per cent month-on-month slump
- Some see the slump as a necessary ‘correction’ amid tighter regulation and slowing economic growth
Topic |
Venture capital market
The Chinese venture capital market collapsed in January, with both the value and number of deals down more than 60 per cent year on year. Photo: Reuters