VC Investment gem return innovation low

The report (reporter Liu Xia) with the gem of a birthday close to the year, its return to the venture to the bottom.　　VC and private Equity Research Institute of the Qing Group, the latest research report shows that in the third quarter, PE investment fund in Shenzhen Gem won the average return on investment is only 6.56 times times, the gem has been the lowest since the opening. Looking back at a similar report released earlier this year, VC/PE was 7.19 times times more likely to return on the gem when it was launched in 2009.　　Chenningning, analyst at the Qing Group, said the market had been linked to a return to rational valuations as the company's low earnings ratio had been fermented over the course of a year.　　By contrast, in the domestic market, the average book investment return of VC/PE in the three quarter of the listed companies is 8.16 times times. Statistics show that in the third quarter of 2010, a total of 46 companies with venture capital and private equity investment in the background of Chinese enterprises listed in the domestic and foreign markets, total financing of 6.183 billion U.S. dollars.