Provides insights and a ‘stepping stone’ to daring Singaporean and other foreign start-up companies with innovative products / services that want to get in the Chinese mainland market.
33. Current crisis will slow down but not greatly hurt the VC market in China as the fundamentals of the Chinese economy are still strong and investment opportunities are still there.
40. However, the stock markets in Shanghai and in Shenzhen continue to rapidly improveespecially in terms of shortening post-IPO lock up, transparency, etc.
41. Government is also soon launching a genuine Growth Enterprises Board (GEB), termed as “China’s NASDAQ”.
44. Foreign VCs use offshore USD fund to invest into China deals’ offshore holding entities with all equity activities happening outside of Chinese jurisdiction.
45. Local VCs use RMB fund to invest into deals’ PRC entities and seek local divestment.