Sunday, March 08, 2009

china daily: New VC funds mostly in yuan

China's venture capital (VC) market had 91 new funds in 2008, a 57 percent increase from 2007, according to a recent report released by EZCapital & HolyZone, a consulting firm.

The total amount raised by new funds in 2008 was around 264 billion yuan ($37.7 billion), up 347 percent on the previous year, according to the report.

No comments: