
Red heat: China PE on the rebound?
Investors have not been chasing as hard as they used to on opportunities in Chinese private equity these past few years. It’s not hard to understand why: the combination of slowing economic conditions, frequently unrealistic valuations, the temporary closure of the IPO market, a government in transition have made opportunities elsewhere seem more attractive in the short term.
There are, however, plenty of reasons for remaining bullish no China, not least because several of the factors listed above have to some extent abated. Since the reopening of the domestic IPO market...
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