By AVCJ Larissa Ku
Investors told the AVCJ Private Equity & Venture Forum that they are looking to accelerate their pace of investment in China next year despite economic and regulatory challenges.
While accepting that the market remains clouded by uncertainty and COVID-19 policies will likely continue to move back and forth, a drop in valuations has made China very attractive.
“Most Chinese equities are trading at a substantial discount to their counterparts in the US, Europe or even in emerging markets like India and Southeast Asia," said Max Hui, a managing director in the private equity unit at CDH Investments.
"Our view is that the current valuation level does not reflect the longer-term fundamentals of China’s economy on an absolute or relative basis compared to other economies. I think this is actually a good time for us to increase our pace of investment, which has been slow in the past few years."
Read More: https://www.avcj.com/avcj/news/3028201/china-investors-plan-to-step-up-activity-avcj-forum
By AVCJ Larissa Ku
Investors told the AVCJ Private Equity & Venture Forum that they are looking to accelerate their pace of investment in China next year despite economic and regulatory challenges.
While accepting that the market remains clouded by uncertainty and COVID-19 policies will likely continue to move back and forth, a drop in valuations has made China very attractive.
“Most Chinese equities are trading at a substantial discount to their counterparts in the US, Europe or even in emerging markets like India and Southeast Asia," said Max Hui, a managing director in the private equity unit at CDH Investments.
"Our view is that the current valuation level does not reflect the longer-term fundamentals of China’s economy on an absolute or relative basis compared to other economies. I think this is actually a good time for us to increase our pace of investment, which has been slow in the past few years."
Read More: https://www.avcj.com/avcj/news/3028201/china-investors-plan-to-step-up-activity-avcj-forum