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改革开放以来,海外资本对国内的投资经历了合资、独资、股权投资三个阶段。就在国内股权投资进退维谷时,摩根士丹利、鼎晖、英联三家境外投资机构投资蒙牛一案的成功,引起了投资界、实业界广泛的关注。这三家私募投资者向蒙牛投入约5亿元人民币,在短短三年内获投资回报约26亿港币,投资收益回报率约 500％。投资蒙牛股权成功的案例,使更多的人认识到股权投资已成为一种主要的投资手段。同时也促使更多的国际私人股权投资集团转向中国,在这里寻找机遇。
Since the reform and opening up, overseas capital has experienced three stages of joint-venture, sole proprietorship and equity investment in domestic investment. At the same time, the success of investing in the Mengniu case by three overseas investment institutions, namely, Morgan Stanley, CDH, and Allied Union, caused widespread concern in the investment community and in the industry. The three private equity investors invested about 500 million yuan in Mengniu and a return on investment of 2.6 billion Hong Kong dollars in just three years with a return on investment of about 500%. Successful cases of investment Mengniu equity, so that more people realize that equity investment has become a major investment tool. It also prompted more international private equity groups to turn to China and look for opportunities here.