A total of 79 VC funds were closed in Chinese market in H1’12, down 56.8% h-o-h or 60.3% year-on-year, with an aggregate capital of US$3.37B newly raised in Chinese mainland, down 74.9% h-o-h or 77.1% year-on-year, hitting a new low since H2’09. China VCPE Market Review 2012H1_EN.pdf
  A total of 79 VC funds were closed in Chinese market in H1’12, down 56.8% h-o-h or 60.3% year-on-year, with an aggregate capital of US$3.37B newly raised in Chinese mainland, down 74.9% h-o-h or 77.1% year-on-year, hitting a new low since H2’09.