www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Latest

Private equity looks toward China

By Paul Welitzkin in New York | China Daily USA | Updated: 2016-08-29 10:36

Private investors continue to seek opportunities in China as the mainland shifts its economic focus from exports and manufacturing to consumption and services.

On Sunday, Ocean Link, the first private equity firm focused on the tourism sector in China, announced a strategic partnership with Ctrip, the largest online travel agency in China, and General Atlantic, a US global growth equity firm.

"The travel and tourism sector in China is at a pivotal period of growth. The industry's ongoing transition will provide Ocean Link with ample opportunities to bring capital and operational expertise to innovative companies serving the rising number of travelers in this market," said James Liang, co-founder, chairman and CEO of Ctrip.

Bain & Company's "Greater China 2016 Private Equity Market Overview", which was released earlier this year, found that the greater China private equity (PE) market had a blockbuster year in 2015, driven by a surge in multibillion-dollar deals and growing opportunities in the digital/internet sector.

The business consultancy found that deal value jumped 56 percent to a record $69 billion last year, due to a doubling of multibillion-dollar deals - 14 in 2015, up from seven in 2014. Robust PE activity in the internet sector accounted for 40 percent of deal value, up from just 15 percent in 2014, and more than 50 percent of volume, far exceeding other sectors.

"Public-to-private buyouts soared to $17 billion in value, more than three times the five-year average, and made up 14 percent of total PE deal value in 2015," according to Bain's Asia-Pacific Private Equity Report 2016. "The trend spawned three of the top four deals in China including the $7.1 billion Qihoo 360 deal, the $3.1 billion buyout of WuXi PharmaTech led by a consortium of PE funds, and the $3 billion buyout of mobile social media company Momo, put together by the company's CEO, Matrix Partners, Sequoia and Huatai Ruilian Fund Management."

The Bain report said digital technology increasingly defines the daily routine in middle-class China and companies offering internet-based solutions are exploding, generating interest among PE funds looking for growth.

Warburg Pincus LLC has been active in the Chinese mainland since 1994 when current global Co-CEO Chip Kaye established a Hong Kong office. The firm has invested more than $6.5 billion and supported the growth of nearly 100 companies in China - making it one of the largest global private equity investors in the country.

"We are confident on the long-term growth of the Chinese economy and the investment opportunities driven by the consumption upgrade, which translates into investment themes in various sectors," a spokesman for the firm in Beijing told China Daily in an email.

The spokesman said Warburg Pincus takes a sector-focused, thesis-driven investment approach to investing. The firm's current portfolio of more than 30 Chinese companies covers six sectors: energy; financial services; healthcare and consumer; industrials and business services; real estate; and technology, media and telecommunications.

paulwelitzkin@chinadailusa.com

(China Daily USA 08/29/2016 page2)

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 18岁禁黄色| xo欧美性另类| 欧美在线成人午夜影视 | 久久亚洲国产伦理 | 欧美成人看片黄a免费看 | jiz欧美高清 | 国产孕妇孕交视频 | 一级毛片牲交大片 | 69成人免费视频 | 精品国产一区二区三区久 | 欧美一级高清片在线 | 特级毛片www欧美 | 男人免费看片 | 九九久久精品这里久久网 | 国产免费一区二区在线看 | 美女毛片免费看 | 精品欧美成人bd高清在线观看 | 作爱在线观看 | 成人三级做爰在线观看男女 | 久久久国产99久久国产首页 | 国产片毛片 | 亚洲午夜片子大全精品 | 国产麻豆福利a v在线播放 | 免费看岛国视频在线观看 | a级午夜毛片免费一区二区 a级性生活视频 | 国产一区二区三区欧美 | 日本精品一区二区三区在线视频 | 亚洲综合亚洲 | 91精品欧美一区二区综合在线 | 手机看片1024精品国产 | 一区二区三区欧美 | 久久精品福利视频 | 亚洲国产成人精彩精品 | 国产精品色综合久久 | 好看的看黄a大片爽爽影院 好男人天堂网 | 精品国产高清a毛片无毒不卡 | 欧美黄色精品 | 国产一区亚洲二区三区毛片 | 男人的天堂在线观看视频不卡 | 亚洲永久中文字幕在线 | 久久五 |