China VC investment rises ahead of Alibaba IPO
Investment into mainland venture capital funds and venture-backed companies climbs in the first quarter, as a resumption of IPOs in China provides a vital exit route for investors.
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Chinese venture capital activity has perked up, with funds raising $1.07 billion in Q1 and venture-backed IPOs reaping $2.05 billion, in the run-up to the much-anticipated listing of Alibaba in New York.
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