Chinese Investors Take Interest in Canadian Tech Sector

Concerns over China’s repetitive stock market crashes has Chinese investors looking to the Canadian tech sector as a stronger investment option.
According to an article on TechVibes:

This trend can be seen when one observes the growing numbers of Chinese private equity, and venture capital firms each year that attend the Cantech Investor Conference (Canada’s largest technology investor conference).
Chinese investors expanding their portfolios to include Canadian technology companies does not only have to do with avoiding the risks in their home economy but also because buying into the innovation that Canadian technology firms produce represent an additional, enormous return potential.
With the second largest economy in the world, this return potential stems from the extra value the Chinese can offer by helping their investees expand their market share throughout their home country. Chinese Private Equity investors can usually do this by utilizing their network of distribution channels throughout China, as well as offering a means to navigate the complex issues of cultural adoption, government regulations and avoiding copyright infringement.
The technology sectors that appear to have the largest advantage in entering the Chinese market include Information, Communication & Technology, Medical Devices, Cleantech, and Advanced Manufacturing.
With the rapidly growing middle-class (630 million expected by 2022) and the enormous demand of mobile technology, the demand for ICT will be huge. The market’s potential in this sector can be seen by the fact that Alibaba and Tencent have been able to become multibillion dollar corporations, rivaling Amazon and Facebook (both blocked in China), where the main source of their staggering growth came from the Chinese market.

Click here to read the full article on TechVibes.