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Asia New Vision Forum: Fresh Stimulus Package ‘Great News’ for Startups, VC Investor Says - Caixin Global

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Asia New Vision Forum: Fresh Stimulus Package ‘Great News’ for Startups, VC Investor Says - Caixin Global
China’s latest economic stimulus package is “great news” for later-stage startups, a Chinese angel investor said at a Caixin-hosted forum Wednesday, as many IPO-hopefuls that were marooned when Beijing tightened listing rules earlier this year could expect a return of capital as the market regains confidence.
Speaking at the Asia New Vision Forum 2024 in Singapore, Anna Fang, founding partner and CEO of venture capital firm ZhenFund, said that the best thing that could happen now is that “the public markets will have a nice comeback, which will finally let middle and late-stage investors start investing again.”
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