|
|
|
|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
CVAwards¡¯ Best VC Institutions of the Year-2009 Top 50
CVAwards¡¯ Best PE Institutions of the Year-2009 Top 30
CVAwards¡¯ Best Boutique Investment Banks of the Year-2009 TOP 5
CVAwards¡¯ Best Legal Firms in VC/PE industry of the Year-2009 TOP 5
CVAwards¡¯ Best Accounting Firms in VC/PE industry of the Year-2009 TOP 5
CVAwards¡¯ Best VC Investors of the Year-2009? Top 10
CVAwards¡¯ Best PE Investors of the Year-2009? Top 10
CVAwards¡¯ Best Angel Investors of the Year-2009? Top 3
Year in and year out, flowers look the same, but it isn¡¯t true of the persons. As time flies, a new List Series of the 4th CVAwards¡¯ Best VC/PE Institutions of 2009 came out in its due process. Looking back to vicissitudes and opportunities in 2009, you might figure out that nothing is more suitable to dynamics and trends in the Mainland Chinese VC/PE investment market over the past year than the well-known opening passage in the A Tale of Two Cities: It was the best of times, and it was the worst of times.
In 2009, China took the lead in climbing out of the economic trough and achieving a dramatic recovery, giving a robust shot in the arm to the global economy; however, despite its strong growth momentum, the fallouts from the devastating financial crisis will linger on. According to the latest statistics from CVSource, compared with the previous year, domestic VC market experienced a 20% and 24.8% drop respectively in the deal number and the total investment amount, while domestic PE market witnessed a 75.8% increase in the investment amount due to a few blockbuster deals, but a 28.3% drop in the deal number. The poorer overall performance in domestic capital markets suggested that investors were uncertain about market prospects, thus sticking to more prudent investment strategies. Perhaps, investors were still in tremendous alarm and fear of the devastating financial crisis, or they might think that winter has not been over, being wary of possible recurring cold spell. In contrast to the sluggish VC/PE investment, there was a very different story with China¡¯s exit market. In 2009, 73 VC/PE-backed IPOs raked in a total amount of USD 137.54, posting a whopping 356.3% and 214.9% rise year on year respectively in terms of the deal number and fundraising amount. Meanwhile, China¡¯s M&As market also saw a rapid expansion, posting an amazing 681.4% increase in the total amount involved over the previous year, despite closing the same number of VC/PE-backed M&A deals as in 2008. Successful exits made 2009 a fruitful harvest time for institutions and investors. Recovering stock markets, resumed IPO market, higher P/E ratios for ChiNext debutants, improving corporate performance, booming M&A transactions..., all these signaled that fresh waves of massive investments are in the offing. We are sure that, with no concerns on clogged exit channels, cash-flushed investors will become optimistic toward market prospects, and intensify their investments in 2010. Therefore, 2009 might turn out to be the end of the worst times and the beginning of the best times. Indeed, 2009 has already passed, but should be forgotten. In an era of the domestic investment industry pelting ahead with an unprecedented momentum and at a breakneck speed, only those with sharp business savvy can seize up fleeting opportunities to make impressive economic and social achievements. And in an ever-changing, challenging context, only those with acute insights and pioneering spirits can come out first, creating miracles. But who are these heroes in today¡¯s Chinese business community? The List Series of the 4th CVAwards¡¯ Best VC/PE Institutions of 2009 recently unveiled by ChinaVenture, the annual summary of successes and failures, will tell you. List Series: 
|
Beijing: 88 Jianguo Road,SOHO Newtown Tower C, Suite 801Chaoyang District, Beijing, China 100022
Tel: +86-10-59799690-690,FAX: +86-10-85893650-603 Shanghai: Suite1201, Tower 1, Plaza66, 1266 West Nanjing Rd., Shanghai 200040 Tel: +86-21-61919966, FAX: +86-21-61919967 Website: http://events.chinaventure.com.cn/2010sh-en/ Email£º contact@chinaventure.com.cn |
