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Investors inject additional funds in Chinese startups despite Beijing’s regulatory restrictions

Beijing’s regulatory crackdown has paused the influx of Chinese IPOs in the US. Global investors have started pouring more funds into Chinese Startups in the third quarter. From July to September, venture capital investment grew in China from the prior quarter. Beijing ordered Didi, a ride-hailing startup, to halt new user registration during a security review session. Didi had a massive opening IPO in New York on June 30, and now its share price has gone down by 35% since the IPO opening. The authorities then ordered after-school tutoring firms to cut operating hours. Experts suggest that China requires foreign capital investment, and its domestic funds won’t be enough to spur growth.

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