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During the week of May 17th to May 23rd, China witnessed 83 investment and financing events, marking a 12.16% increase from the preceding week. The total financing amount surged to approximately 4.59 billion yuan, representing a substantial jump of 137.58% week-on-week. In terms of investment activity, the sectors of medical health, advanced manufacturing, integrated circuits, new materials, and enterprise services emerged as prominent players. Regarding total financing, the financial sector led the pack with a disclosed total financing amount reaching 2.156 billion yuan. Notably, Airwallex secured the largest investment event of the week, successfully closing a Series F funding round of US$300 million from renowned investors and pension funds, including Square Peg, DST Global, and Lone Pine Capital.
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