China's private equity activity is experiencing a significant revival with limited partners focusing on chips, manufacturing, artificial intelligence and robotics, The South China Morning Post reported Wednesday.

A total of 37 companies raised $13.26 billion on Hong Kong's main board in the first quarter, almost five times the previous year's level, according to the report.

Total exit value in Greater China rose to $53 billion in 2025 from $46 billion in 2024, the SCMP wrote.

However, Hong Kong's initial public offering backlog stands at between 480 and 500 deals, expected to clear in four to five years, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)