Those who have participated in equity crowdfunding (ECF) campaigns have much to look forward to this year. They could expect more issuances to be launched and the valuations of their existing investments to increase, say industry players.
This comes after a slow 2018, when the number of successful deals in the industry fell to 13 from 17 the previous year, according to the ECF report card released last November. In 2018, the outlook for ECF was largely affected by the 14th general election. Due to the uncertainties, many issuers, investors and platform operators postponed their activities until after the polls.
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