China's private equity industry maturing rapidly, says Warburg Pincus CEO

Chip Kaye, CEO of Warburg Pincus said broad market averages in China have stayed flat over the past decade, but this signifies a maturation, rather than a slowdown, in the country’s private equity environment. Kaye spoke at the Global Financial Leaders’ Investment Summit hosted by the Hong Kong Monetary Authority. The largest gathering of financial heavyweights the city has seen in nearly three years opened to the public on November 7, 2023.