News and developments
Han Kun Releases Its 2022 VC/PE Data Analysis Report
Han Kun Law Offices ("Han Kun") today officially released the "Han Kun 2022 VC/PE Data Analysis" (English Version) (the "Report"). The online version of the Report has been successfully launched on the firm’s website:
https://www.hankunlaw.com/upload/portal/20230918/165154259edd99d942a409faa5900ce1.pdf
In the Report, Han Kun assesses the data collected from around 500 VC/PE transactions it has assisted clients in completing in 2022 and then analyzes the investment structures and key legal provisions prevalent in such transactions. Han Kun also provides a horizontal comparison of the data compiled from nearly 3,500 VC/PE transactions it has advised on over the past six years, showing the evolution of the investment structures and key legal provisions over the time span.
Part I
The first part of the Report summarizes the features and trends of the VC/PE transactions in 2022:
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- The number of transactions and total investment declined in 2022, while early-stage investments bucked the trend.
- Onshore transactions continued their upward trend.
- Beijing, Shanghai, Shenzhen, Hangzhou and Suzhou were the most favored domiciles for investee companies to base their principal operations.
- The top five market sectors for VC/PE investments were biomedical, semiconductor, smart hardware, e-commerce and food catering.
- Transactions by financial investors trended upward.