US-Based Warburg Pincus Reportedly Scraps Plan To Invest $500M In Chinese Real Estate Brokerages Lianjia

The US private equity firm Warburg Pincus has reportedly dropped its plan to invest US$500 million in Chinese real estate brokerages Lianjia, according to Chinese media 36kr.com. Warburg has scrapped its plan due to concerns over Lianjia’s valuation¬†being too high and cooling of Chinese tech financing environment. Warburg and Tencent did not respond to China […]

US-Based Warburg Pincus Reportedly Scraps Plan To Invest $500M In Chinese Real Estate Brokerages Lianjia appeared first on China Money Network.

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