Gem market gradually mature Chinese and foreign VC fund goes hand in hand

In a twinkling, the gem has been open for about seven months. 　　Now gradually mature gem market, not only stimulated the entrepreneurial upsurge of Chinese entrepreneurs, but also directly to the local venture capital into the harvest of the spring.　　Up to now, the 75 enterprises that have landed the gem, more than 80% of the enterprises are involved in the venture, and in addition to Warburg investment, Intel Investment and the fund and other minority foreign participation, the majority of the rest of the local venture capital institutions. Two years ago, The Nameless Fortune venture, occasion Gem of the First World War became famous, become the focus of China's local investment sector; China's local venture capital Shenzhen Innovative Investment in the gem has been repeatedly achieved; just got the license, the justify of the brokerage department direct investment is relying on the gem, occupy the right place; public utility,　　The concept of creative investment, such as the electricity and mass media, also soared as the gem effect. According to Dow Jones VentureSource, global venture capital grew 13% in the first quarter of 2010, while the gains were mainly in the Chinese and Indian markets, with a 7% drop in European market winds. And China's market has grown rapidly, with a first-quarter investment of $579 million trillion, or 35%.　　In this 35% growth contribution, the local VC body occupies the main position, and the development of the gem, it is bound to give birth to more local VC institutions. After the launch of the gem more than half a year, but also is the Chinese and foreign venture capital institutions in China, the rapid development of the time.　　In the first half of this year, China's total venture capital rose by 85%, according to the Dow Jones VentureSource report. According to statistics, in March 2010 alone, there were 17 VC/PE-backed Chinese companies listed inside and outside the country, totaling 2.541 billion US dollars, accounting for 55.4% of total financing in March. 13 of them are listed in China, totaling 1.87 billion U.S. dollars, and 4 overseas listed enterprises aggregate financing of 671 million U.S. dollars. Among the 13 VC/PE-backed listed companies listed in China, 19 VC/PE institutions are earning 10.68 times times the average.　　At the same time, of the 4 VC/PE-backed listed companies listed overseas, 9 VC/PE institutions are earning only 2.3 times times on average. A series of data behind, shows the PE investment enterprise exit channel quietly changes, China's capital market from the motherboard, to the small and medium-sized plate, and then to the gem, for different sizes and forms of enterprises to provide a more diverse exit options. Local venture capital institutions over the years to withdraw from the flow of pressure to release a large, but also directly to the local venture into the return of investment in the spring.