羅兵咸:中資TMT上半年私募股權投資下跌 料港推18C章可吸引企業上市
羅兵咸永道發表今年上半年中國科技、媒體及通訊(TMT)行業報告,指出受疫情及地緣政治等因素影響,今年上半年TMT行業私募股權投資與整體市場下跌走勢保持一致,首季投資宗數及金額分別按季下跌13%及21%,達到857宗及143.18億美元;次季則下跌7%及48%,達到798宗及74.29億美元。
細分行業中,科投行業的私募投資仍然最熾熱,上半年科投行業投資宗數及金額佔TMT整體行業約81%及77%。該行中國審計業務合夥人陳建孝表示,在國家新基建政策不斷深化以及「十四五」規劃的帶動下,TMT行業仍將是最受資本青睞的行業。
陳建孝指出,為應對美國監管不確定性,上半年部分中概股於香港進行二次上市,近期亦有消息指港交所(00388.HK)為未盈利科技企業訂立上市要求已有初步方案,增設上市規則《第18C章》以吸引硬科技企業上市,可能會於下半年實行,相信會吸引到不少中資科技公司來況籌集資金,進一步加快科技行業成長。
羅兵咸永道展望,9月份中國人工智能(AI)大會召開,促進AI等前沿科技交流發展,預期與元宇宙行業可為TMT企業帶來新機遇;另外美國8月實施芯片與科學法案,為中國半導體產業帶來外部壓力,迫使國產替代進程加快,亦刺激市場發展。
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