News and developments
Han Kun's 2020 VC/PE Deal Data Analysis Report
The Report uses data collected from over 2000 venture capital and private equity transactions that Han Kun worked on in the past four years (including over 500 in 2020 alone) to recap common features of VC/PE transactions in China and help forecast how they might evolve in the future through the lens of practicing lawyers.
Part I of the Report is an executive summary which highlights trends revealed by the VC/PE transactions in 2020, as follows:
- Transactions driven by financial returns saw an uptick.
- Onshore transactions with built-in JV structures increased. And so did offshore transactions with non-VIE structure.
- Beijing, Shanghai, Shenzhen, Hangzhou, and Guangzhou continued to be favored by investee companies to base their principal operations.
- Top-five VC/PE investment destinations were biomedicine, smart hardware, corporate services, catering services, and e-commerce.