Chinese startups face billions in investor withdrawals due to failed public listings and economic issues.

Chinese startups are under pressure as venture capitalists demand their money back due to the failure of startups to go public as promised. This issue is exacerbated by the frozen IPO market, economic struggles, and a property crisis in China. The government aims to encourage long-term investment to support innovation but around 14,000 startups face the risk of investors pulling out $1.2 trillion in investments.

November 25, 2024
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