With the increase in regulatory pressure and the overall decline in the valuation of the technology industry, China's venture capital investment has fallen sharply this year, becoming one of the worst countries in the world.
According to Bloomberg, research company Preqin data shows that as of October, China's venture capital transactions were US $ 62.1 billion (S $ 88.231 billion), a decrease of 44%compared with the same period in 2021.Before China ’s industries such as Alibaba and Tencent Holdings began to strengthen supervision, China had competed with the United States in terms of startup investment.
In addition, as investors are worried about losing technology companies and their listing stocks have plummeted, venture capital companies have also reduced their investment globally.However, China is still one of the worst -performance countries. The decline in venture capital exceeds the global market and has decreased higher than the United States.
The highlight of China's venture capital field is the semiconductor industry. In 2022, it attracted $ 7.9 billion, an increase of 24 % over the same period last year.
