Investors are plowing capital back into China’s venture capital firms after shunning them for most of last year as they struggled to exit companies amid lackluster initial public offerings.
But with IPOs back on track, venture fundraising in China has turned more positive. Firms raised $1.07 billion in the first quarter, marking a 35% increase on the same period a year earlier, according to Dow Jones VentureSource, a data provider owned by VentureWire publisher Dow Jones & Co.
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