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China Daily Website

Value of PE, VC deals sees big drop in July

Updated: 2013-08-01 20:36

China's private equity and venture capital market saw 57 deals close in July, and the value of the deals totaled $881 million, down 80.4 percent from the previous month, a report by Zero2IPO Group said on Aug 1.

The property sector topped the list with investment valued at $378 million, accounting for 42.9 percent of the total.

There were four exits related to four PE and VC firms in July. One was made through an IPO, and three others were realized through mergers and acquisitions.