美元基金又活跃了

Core Viewpoint - The article highlights a resurgence of foreign investment interest in Chinese assets, driven by policy benefits and technological breakthroughs, indicating a strategic recalibration of international capital towards China [2][4][11]. Group 1: Market Dynamics - The foreign investment landscape in China is experiencing a revival, with significant increases in activity noted since 2025, particularly in the venture capital sector [5][11]. - Data from FOFWEEKLY shows that in June 2025, the activity level of industrial LPs increased by 14% month-on-month, with non-listed companies showing a 17% increase, the highest among all LP types [6]. - The number of newly registered private equity and venture capital funds surged to 409 in June, marking a 61.02% increase compared to the same period last year, reflecting a substantial recovery in market confidence [6]. Group 2: Foreign Investment Strategies - Several local VC firms are initiating new rounds of fundraising for dollar-denominated funds, with a total target of at least $2 billion [7]. - Foreign LPs are increasingly establishing local offices and participating in RMB fundraisings, utilizing QFLP policies to integrate deeper into the Chinese private equity market [12]. - Notable global PE firms are accelerating their presence in China, with recent registrations of private fund managers and the establishment of onshore funds, indicating a strategic shift towards the Chinese market [12]. Group 3: Talent Acquisition Trends - Since Q2 2025, multiple dollar and dual-currency funds have resumed hiring for key positions, particularly in Investor Relations (IR), signaling a renewed commitment to market engagement [8][9]. - The hiring trend is not limited to dollar funds; several RMB funds are also adding dollar IR positions, indicating a broader strategy to attract foreign capital [9]. Group 4: Long-term Outlook - The year 2025 is increasingly viewed as a pivotal turning point for foreign investment in China, with a notable recovery in investment interest from foreign LPs [11][13]. - The combination of technological advancements and policy incentives is reshaping perceptions of China as a valuable investment destination, with a growing focus on sectors like AI and robotics [13][14].