Read more about China from CNBC Pro<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Growth of yuan-denominated funds and mid-sized funds helped boost overall Greater China fundraising activity to $28 billion \u2014 on pace to exceed 2022 levels, but still a sharp slowdown from $131.4 billion raised in 2018, PitchBook said.<\/p>\n

Difficulties at the end of the venture capital investing process persisted as market sentiment for IPOs in Hong Kong and the U.S. remained subdued.<\/p>\n

The number of exits in the first half of the year fell to 130 from 177 in the second half of 2022, while exit value fell to $77.5 billion from $100.2 billion, PitchBook said.<\/p>\n<\/div>\n<\/div>\n

Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new user registrations. Brendan McDermid | Reuters BEIJING \u2014 Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as…<\/p>\n","protected":false},"author":1,"featured_media":49130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-49129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n