China’s private equity and venture capital market has caught a cold as liquidity dries up in the first half of this year. But there may be a cure, or at least an alleviator.
Data from Asset Management Association of China shows that some Rmb1.3 trillion $191 billion was raised by Chinese private equity and venture capital funds between January and June some way off the Rmb2.1 trillion recorded in the same period of last year.
But look more closely and it's clear that some sectors are faring better than others. Healthcare, notably, saw $5.5 billion of new money flood over the same six-month period,...