|
BIZCHINA> Investment
![]() |
|
Venture capital investment in China surges 87% in Q3
(Xinhua)
Updated: 2007-11-17 11:17 Venture capital (VC) investment in China surged 87.4 percent to US$677 million in the third quarter, an industry report said. Service-oriented sectors were the most appealing as they attracted a record US$432 million and accounted for nearly half of the 59 deals, according to a joint report by Ernst and Young and Dow Jones VentureOne, a financial information provider. By comparison, the sectors received investments worth US$242 million in the same period last year. Money flowing into the information industry dropped 23 percent from a year ago to US$217 million and accounted for 24 deals. "Globally, more and more venture capitalists are pouring funds into service-oriented companies," said Robert Partridge, Managing Director of Transaction Advisory Services and the VC Advisory Group of Ernst and Young. "These companies have a relatively low capital threshold for investors and can attract a large group of customers within a short time." Venture capital, also known as risk capital, refers to money invested in start-up firms and small businesses that have both growth potential and the possibility of loss. (For more biz stories, please visit Industries)
|
湟源县| 马公市| 禹州市| 乾安县| 龙胜| 盐边县| 盘山县| 炉霍县| 辽阳县| 西畴县| 隆尧县| 滨州市| 瑞丽市| 庄河市| 唐河县| 略阳县| 土默特左旗| 绩溪县| 普格县| 青铜峡市| 静安区| 宁乡县| 盈江县| 昌吉市| 兴和县| 仪征市| 潢川县| 化州市| 剑河县| 西乡县| 汉中市| 乌鲁木齐市| 呼伦贝尔市| 濮阳市| 津市市| 阳西县| 蒙山县| 梓潼县| 桑植县| 郸城县| 砀山县|