China GPs emphasize consumer sector opportunities
Policy volatility in China has prompted many investors to eschew consumer-facing business models in favour of B2B plays like deep-tech, but sector specialists still see opportunity, the Hong Kong Venture Capital & Private Equity Association’s (HKVCA) Asia forum heard.
“Compared to other sectors, consumer has been far less impacted by policy changes. With the government promoting common prosperity, some consumer services that improve life quality are encouraged - and...
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