After three consecutive months of growth in dealmaking activity, financing into privately-held companies in Greater China cooled off in September with transaction value and volume recording a decline from the month of August.
Chinese firms raised a total of $7.2 billion, recording a 19.6% month-on-month fall from nearly $9 billion in August. September saw the deal tally touch 181 transactions, 6.2% lower than the 193 deals in the previous month this year, according to proprietary data compiled by DealStreetAsia.