In the next six months, the valuation of Chinese start-ups may drop on average 30%, or even 50% for some previously highly valued companies, because of a tightening of capital supply, said Ran Wang, chief executive officer of Chinese investment advisory firm CEC Capital Group. (more…)
CEC Capital’s Ran Wang: Valuation Of Chinese Start-Ups To Drop 30% To 50% In Six Months appeared first on China Money Network.