Business · Companies · 14 hrs ago

Ardian plans to target Chinese companies as valuations ease

Ardian plans to target Chinese companies as valuations ease

French private equity firm Ardian sees opportunities to buy quality assets in China as liquidity slows in the country.

The firm says Chinese company valuations are generally lower than in Western markets, making them attractive to investors seeking diversification.

Ardian manages more than US$200 billion in assets, according to figures from March.

Its executive president, Jan Philipp Schmitz, said the firm plans to target Chinese market leaders.

Possible sectors include technology, healthcare and business services.

European investors are showing strong demand for diversification, and Ardian says China could help meet it.

The firm has not named specific companies or said when it will make investments.

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