A lot of money is chasing good deals in China, like someone already indicated on this board.
A U.S. institution is looking for private equity placement target in China. This institution has successfully brought Chinese companies to the US equity market. Investment of tens of millions has been in place for those Chinese target companies. It now expands its search scope all over China.
Criteria:
-Net income 2-5 MM USD in 2004
-Clear and verifiable ownership
-No industry preference
-Growth story
