July 22, /Xinhua-PRNewswire/ -- Zero2IPO Group announced today the release of the “China Private Equity Q2 2008” report. The Zero2IPO Research Center - the research arm of Zero2IPO - reported that during the second quarter of 2008 China’s Private Equity market fundraising level fell considerably from that of the previous quarter.

Concerning regional distribution of PE investment, Jiangxi won the top position with two deals receiving US$426.40M. Henan and Shanxi recorded two deals, garnering US$54.37M and US$60.00M respectively. Hubei and Hunan recorded one deal each, receiving US$349.96M and US$83.09M respectively. Other central and western regions such as Inner Mongolia, Xinjiang, Sichuan, and Guangxi also performed well.

The most extensive regions of PE investment include the Yangtze River Delta region, the Pearl River Delta region and the Bohai Rim Zone. For the most part, during this quarter investment in these three regions was evenly distributed. During Q2 Beijing only ranked No. 3 with US$394.88 million, which is a sharp fall from last quarter’s US$1.33 billion. Guangdong (excluding Shenzhen) received 15.6% of total PE investment (this region only received 1.0% of total PE investment during Q1). Shanghai also received more investment this past quarter. The total amount of investment in Shanghai increased to 5.1% this past quarter from 3.7% during the previous quarter. Jiangsu and Zhejiang also received more investment. Overall, PE investment distribution of the three economic regions tends to be balanced with a shrinking gap between different regions.

About Zero2IPO Research Center

Founded in November 2001, the Zero2IPO Research Center provides a full range of business research reports and customized research solutions for investment professionals in the Greater China Region. Our research ranges from Venture Capital, Private Equity, IPO, M&A to TMT industries. The Zero2IPO Research Center sets itself apart from competitors as the most prestigious research institute in China's VC and PE spheres.