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    PE investment in consumption goods, service down

    2013-01-11 09:22 chinadaily.com.cn     Web Editor: qindexing comment

    The value and number of equity investment deals in the Chinese consumption goods and service industry declined in 2012, according to a report from ChinaVenture Group released on Thursday.

    The report said there were only 82 deals made in the industry last year, a decrease of 55 percent year-on-year, and their investment totaled $2.1 billion, dropping 31 percent year-on-year.

    The average exit return of VC and PE investors from deals in the sector in 2012 was 1.75 times, a four-year low.

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