Download or read book Investing in China written by Jonsson Yinya Li and published by GMB Publishing Ltd. This book was released on 2005 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing in China: The Emerging Venture Capital Industry is a unique and invaluable guide to venture capital in China. This important new book provides a detailed profile of the current state of the venture capital backed SME sector and an authoritative look at trends and future prospects. It provides an explanation of the mechanics of the investment process, from due diligence and investment monitoring, to exit, and a unique look at M & A opportunities and rules for foreign investors. The guide includes many detailed case studies and profiles of the IT, E-commerce, bio-technology and other sectors with potential for VC investment.
Download or read book China s Venture Capital Market written by Lin Zhang and published by Elsevier. This book was released on 2014-12-01 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: The venture capital market in China has been developing for over twenty years. Over this period, the legal frameworks surrounding China’s venture capital have evolved significantly. China’s Venture Capital Market addresses this important topic and argues for further improvements in legal frameworks for venture capital in China. The book consists of five chapters, each covering an aspect of venture capital in China. The first chapter profiles the venture capital market. The second, third and fourth chapters consider the legal problems and suggest reform measures for fundraising in, operation of and exit from Chinese venture capital. The book concludes by asking how long it will take for reform measures to take place in China. Fills a gap in the market by weighing up the pros and cons of the legal system under which venture capital operates in China Contains primary source material, including interviews with Chinese venture capitalists Gives new case studies of Chinese venture capital
Download or read book Investment in China written by Jeffrey L. J. Sheng and published by . This book was released on 2003 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: 责任者中文名为:盛立军、李宝春、缪家文。
Download or read book Venture Capital Law in China written by Lin Lin and published by Cambridge University Press. This book was released on 2021-02-18 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth comparative, empirical and critical analysis of the law and practice of venture capital in China.
Download or read book Venture Capital Law in China written by Lin Lin and published by Cambridge University Press. This book was released on 2021-02-18 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's venture capital market is not just the world's largest and fastest developing market, it also has the unique distinction of being engineered through heavy governmental intervention. This book breaks new ground by examining and testing established legal theories regarding the law of venture capital through the lens of the Chinese venture capital market. Using a hand-collected dataset of venture capital agreements, interviews with practitioners, and Chinese court judgements, it provides a comprehensive and insightful analysis of the Chinese venture capital market from the legal perspective. Topics covered include the roles of law and governmental intervention in developing the market, the state of investor protection, unique contractual developments and exits of venture capital investments. By providing an in-depth comparative analysis against the American venture capital market, it provides critical context and makes the Chinese venture market accessible. It is an invaluable resource for venture capital scholars, policymakers and practitioners.
Download or read book China as Public Venture Capitalist written by Emily Xiaoxia Wang and published by . This book was released on 2006 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Venture Capital Industry written by Steven White and published by . This book was released on 2002 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital and the Corporate Governance of Chinese Listed Companies written by Lin Zhang and published by Springer Science & Business Media. This book was released on 2011-10-20 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-controlled listed companies have always dominated Chinese stock markets. As a result of the rampant scandals related to them, there have been voluminous academic efforts to explore their corporate governance, underpinned by agency costs. However, these studies have yet to examine the phenomenon from the perspective of venture capital and adaptive efficiency. During the last ten years, despite China’s remarkable progress in the development of its venture capital market, its domestic venture capital has been marginalized by American competitors. Given the different performance between them, the author contends that the corporate governance system of Chinese state-controlled listed companies has hampered the performance of the institutional factors which are responsible for the prosperity of American venture capital in Chinese venture capital markets. With the practice of American venture capital as the mirror, he empirically demonstrates that Chinese domestic venture capital lacks the four factors related to the success of their American counterparts: large and independent funding, application of incentive mechanisms, efficient exit channels, and a high risk tolerance level. More importantly, these defects as a whole are closely linked to the corporate governance of state-controlled listed companies. Considering the potential negative consequences on economic and social development, the author identifies policy reforms underway to harmonize agency costs and adaptive efficiency.
Download or read book China s Venture Capital Market in The Handbook on China s Financial System written by Zhaojun Huang and published by . This book was released on 2020 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current expansion of China's venture capital (VC) market has chugged into its 10th year in 2019. The mystery of developing from nothing to the second largest market in the world yet fails to make China's VC market more attractive to researchers in this field. Our chapter is attempting to trigger more related research in the near future by first taking a snapshot of such a titan and distilling the central message of what the data have to say about the unique aspects of Chinese venture capitalists raising capital, making deals, and finding exits. We also provide an introduction to alternative forms to traditional VC investments in China and put an end to the chapter with a brief overview of the regulatory environment change for the industry.
Download or read book Venture Capital in China written by Yin-Wing Jason Tse and published by Open Dissertation Press. This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "Venture Capital in China: Growth and Prospects" by Yin-wing, Jason, Tse, 謝彥穎, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract for dissertation entitled Venture Capital in China: Growth and Prospects Submitted by Jason Yin-Wing Tse for the Master of Arts in China Development Studies at the University of Hong Kong June 2005 The role of venture capital has played an important role in many of the developed economies in North America and Europe. It has contributed significant impacts to the development of the high-tech industries and the overall growth of their national economies as well. The Chinese government has been well aware of the importance of venture capital and how it can support the growth and development in areas of science and technology. Therefore, since the mid-1980s, extra attention has been placed in the process of policy making in order to promote the development of the venture capital industry in China. With favorable policies and government support, both the high-tech and venture capital industries in China have experienced tremendous growth over the past decade. This dissertation first examines the historical development of the venture capital industry in China since the mid-1980s and cites all the relevant policies and regulations introduced by the Chinese government in its promotion for the high-tech and venture capital industries. It then looks into some of the unique operational characteristics in the venture capital industry in China and how they are affecting the - ii - overall development of the industry. The immediate section then compares the operational characteristics between foreign and domestic venture capitalists in China by means of case studies. The last section of this dissertation evaluates the facts and figures presented and formulates several improvement recommendations based on the current venture capital market environment and the set of unique characteristics within the industry. The outcomes of the dissertation can provide potential and existing venture capitalists a better understanding on the background and future prospects of the venture capital industry in China. - iii - DOI: 10.5353/th_b3159631 Subjects: Venture capital - China High technology industries - China
Download or read book The Role of Venture Capital in China s Technology Entrepreneurship Development written by Juming Chen and published by . This book was released on 2003 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Equity in China written by Kwek Ping Yong and published by John Wiley & Sons. This book was released on 2012-03-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn valuable lessons from the newly successful private equity players in China and explore the challenges and opportunities offered in Chinese markets The first book to deal with private equity finance in China, Private Equity in China: Challenges and Opportunities provides much-needed guidance on an investment concept that has so far proved elusive in Asia. Focusing on the opportunities that the Chinese finance market offers to private equity firms, the book shows how these firms can strategically position themselves in order to maximize success in this new marketplace. Private Equity in China includes in-depth case studies illustrating both successful and failed ventures by private equity firms operating in China, outlining the challenges faced by private equity firms in setting up new funds. It contains a collection of valuable experience and insights about acquiring companies and turning them around essential for any firm currently operating in, or considering entering, the Chinese market. Discusses the challenges faced by private equity firms in China including setting up the initial fund, fund raising, deal sourcing, deal execution, and monitoring and exit strategies Provides key insights drawn from keen observations and knowledge of the more mature private equity market in Western countries, analyzing the way forward for the Chinese private equity industry Discusses the role of renminbi-denominated funds in the development of the private equity industry in China Breaking new ground in exploring and explaining the private equity market in China, the book offers incredible new insight into how equity companies can thrive in the Chinese marketplace.
Download or read book Venture Capital Exits and the Structure of Stock Markets written by Lin Lin and published by . This book was released on 2017 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Existing literature suggests a strong relationship between a vibrant venture capital market and an active stock market: venture capital flourishes when venture capitalists can readily exit from successful portfolio companies through initial public offerings (“IPOs”), and IPOs are in turn facilitated by active and efficient stock markets. Despite being relatively new to venture capital investment, China's concerted government efforts have successfully engineered the second-largest venture capital market (by investment volume) in the world to date. China's economy has also undergone a drastic transformation from a planned to market economy in the last 20 years. Given these factors, does the positive correlation between an active stock market and vibrant venture capital market hold true in China? This article uses China as a case study to explore the connection between the stock market and venture capital market. It also seeks to identify major problems for venture capital-backed IPOs and to propose solutions. Through both empirical studies and extensive interviews, this article both confirms and refines the existing literature by demonstrating a close connection between the stock market and venture capital market in China. It also finds that, for venture capital availability, laws and policies indeed matter in China: strong and sustained law reforms and government policies aimed at improving the institutional structure and regulatory environment of the stock market can facilitate venture capital-backed exits, which in turn lead to an increase in new venture capital availability in China. Nonetheless, numerous IPO closures have led to freeze-ups in China's venture capital market. Also, there remain a multiplicity of institutional impediments to the efficient operation of the stock market and the effective implementation of IPO reforms in China. These may in turn hinder the development of the Chinese venture capital industry.
Download or read book Investing in China written by Jonsson Yinya Li and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing in China: The Emerging Venture Capital Industry is a unique and invaluable guide to venture capital in China. This important new book provides a detailed profile of the current state of the venture capital backed SME sector and an authoritative look at trends and future prospects. It provides an explanation of the mechanics of the investment process, from due diligence and investment monitoring, to exit, and a unique look at M & A opportunities and rules for foreign investors. The guide includes many detailed case studies and profiles of the IT, E-commerce, bio-technology and other.
Download or read book Private Equity in China The struggle for China s private equity market supremacy between foreign and domestic market participants written by Johannes Gmeiner and published by GRIN Verlag. This book was released on 2018-09-04 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2016 in the subject Economics - International Economic Relations, grade: 1,3, University of Würzburg, language: English, abstract: 2014 has been a year for the record books concerning private equity. Global investment exits through initial public offerings accumulated two trillion US dollar and about 500 billion US dollar have been collected in private equity funds for future investments. These impressive numbers show how important private equity has become in the international financial sector and China has evolved to one of the biggest private equity markets in the world. This raises the question of who is in power in the Chinese market? Giants like Goldman Sachs, Blackstone or Carlyle dominate the international market. So how are the domestic Chinese private equity firms doing? When China first heard of private equity in the early-1990s, it was already one of the biggest investment markets in the West, mainly in America. Hence, American companies had nearly no competitors in China and made fortunes in this recently opened market. Nevertheless, domestic firms developed quickly and challenged foreign companies to a duel. This paper will be divided into two parts, firstly it will show the development of Chinese and foreign private equity companies and their shares on the Chinese market. The second part then will try to give an impression on possible reasons for the mentioned development. There won’t be any further explanations about private equity given in this paper, only if they are needed for deeper understanding of the context. However specific knowledge about private equity will not be needed since it won’t discuss specific features of it in detail. The aim of this paper is to answer the questions about how the market developed and the possible reasons for this.
Download or read book Angel Investing In China written by Su Chen and published by World Scientific. This book was released on 2016-08-04 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese economy is growing at an unprecedented speed, and one of the emerging trends is angel investment. It is an area with tremendous potential for growth. Compared with the more mature markets in Western countries, however, angel investing in China is still at an early stage, due to a lack of incentives and insufficient policy support.By delving into existing literature on China's angel investment and conducting interviews with leading angel investors for China and abroad, Prof. Liu Manhong and Dr Wang Jiani — both scholars on and practitioners in the angel investment market — try to provide readers with a detailed picture of China's angel market: What is going on in the market? How should the government formulate relevant polices? And, perhaps more pertinently, what should investors know if they have invested in or are going to enter this market?This book will be very useful for scholars and researchers on China's angel market, as well as those 'angels' who would like to tap its full potential.
Download or read book China s Experience in Building a Venture Capital Sector written by and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The This paper offers a discussion of the conditions author highlights four broad takeaways from the that have led to the growth of China's VC market myriad of policies that China's policy makers into the second biggest in the world, after that have employed. [...] But, in the the behest of the competition would not arrive case of China, the expansion of the VC sector took in China until the latter part of the 2010s. [...] However, given the secular growth in VC funding in China One of the more remarkable aspects of these over the past two decades and its key role in science and technology parks was the lack of financing China's innovations in ICT, payments and direct central government involvement, not only other sectors, it is useful to identify what policy in terms of capital allocation but most importantly maker [...] It is notable, for and general partners (referring to the managers instance, that in the early stage of the VC industry of VC funds) are becoming an increasingly in China (from the late 1990s to the late 2000s), important part of the government's role in the much of the LP cash was provided by US financial VC sector - what could be seen as the third firms. [...] How was fundamental risk aversion on the part of China able to overcome the simultaneity problem regulators and the state-owned banks that in the early days of the VC sector's growth?
