Investors bullish on China even as Beijing's tech clampdown weighs on IPO exits

Investors bullish on China even as Beijing's tech clampdown weighs on IPO exits

FILE PHOTO: A woman rides a Didi shared bicycle past the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo/File Photo

Investors continue to be bullish on the potential of China’s venture capital market in generating “outsized returns” even as Beijing’s regulatory clampdown is expected to bring more turmoil to late-stage companies and their institutional investors.

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