Challenges and opportunities coexist

Absrtact: China's venture capital (VC) and private equity investment (PE) after more than 10 years of development, finally entered the adjustment period. At the Chinaventure China Investment Conference, a number of senior Chinese equity investment industry in China's current economic situation, investment environment to

China's venture capital (VC) and private equity investment (PE) after more than 10 years of development, finally entered the adjustment period. In the "Chinaventure China Investment Annual Meeting", a number of senior Chinese equity investment industry in China's current economic situation, investment environment and how to find innovative investment opportunities in the transformation, put forward their own views and suggestions.

Challenges and opportunities coexist

As we all know, after 2011 years of crazy investment times, our VC/PE industry has gradually entered the adjustment period. In the view of Chen Weimin, managing director and President of China, the challenges and opportunities coexist.

Chen Weimin said that China's funds in the withdrawal, a lot of reliance on IPOs, and foreign more by mergers and acquisitions, in the international, mergers and acquisitions is the main business of investment bank. In China, the biggest challenge for consultants is to make it easier for customers to recognize the importance of the industry and to allow more companies to pay to hire professional investment advisers. But at the same time, there are many opportunities in China, in the context of the overall downturn in the capital market, restructuring and mergers and acquisitions opportunities will appear, so the challenges and opportunities coexist.

and help Trina Solar successful landing in the capital market is Chen Weimin career since the most important case, in talking about the original feeling, he said, Trina Solar in preparation for the market, the photovoltaic industry, "Winter" has appeared, who first listed who can take advantage of. China's photovoltaic industry added value is very low, the capacity of a serious overdraft industry has been overwhelmed, the future will inevitably face a large range of mergers and acquisitions.

Diversified business

Become a PE/VC new choice

In fact, when the traditional equity investment business encounters a cold spell, the development of diversified business has become more and more PE/VC choice.

Zhu Zan, chairman of the New Capital Holdings Limited, proposed the concept of "big financial Asset Management", "from industry to wealth management to capital markets and banks, emphasizing the concept of big finance." "In the Age of wealth management, product design becomes the core."

In Zhu Zan's view, the premise of investment income is to ensure the safety and liquidity of investment, especially in the current economic environment, structured products are well satisfied with the risk of different investors and income preferences. "Take the real estate mezzanine fund as an example, through the combination of stock and debt product design, in the income structure to delimit different priorities, high priority to enjoy the right to advance profit allocation, the yield is about 10%-13%, low level of risk commitment to relatively high, the yield is about 30%." Zhu Zan so stressed.