Semiconductors and New Energy sectors are China's new unicorn breeding grounds

Semiconductors and New Energy sectors are China's new unicorn breeding grounds

China is expected to hold on to its position as the world’s second-largest unicorn hub as its economy recovers following the lifting of the zero-COVID policy.

The next batch of entrants to the $1-billion-valuation club, however, will likely come from technology sectors such as semiconductors and green technology displacing e-commerce and finance, show data analysed by DealStreetAsia.

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