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In Depth: China IPO Slowdown Pits Startups Against Investors

By Yue Yue and Zhang Yukun
2024年03月27日 21:07
As companies miss listing deadlines, they are increasingly becoming mired in disputes with their early-stage investors who want their money back
China has slowed the pace of IPOs over the past year as part of a strategy to support the stock market. That’s spelled bad news for listing hopefuls and their private equity and venture capital investors who want to cash out. Photo: AI generated

China’s depressed stock markets and a slowdown in IPO registration by regulators have sent a chill through the world of private equity (PE) and venture capital (VC) firms, whose funds have traditionally chosen listing as the most popular exit channel for their Chinese investments.

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