Privately-held companies headquartered in Greater China raised nearly $11.3 billion in the second quarter of this year, registering a sharp 33.5% year-on-year decline, finds our latest report . A drop in the number of megadeals—these are transactions worth $100 million and more—meant that the market’s record 605 deals could not prop up its quarterly performance, according to Greater China Deal Review: Q2 2022 . The quarter saw 23 megadeals worth nearly $5.1 billion in total, marking a 34.3% decline in volume and a 20% drop in value from Q1 2022. This was the third consecutive quarter to witness a drop…