Piau-Voon Wang, who joined Chinese wealth manager Noah Holdings last year as co-CIO, will leave the firm at the end of this month.
In his role at Noah, Wang shares responsibility for international investments with William Ma, who was previously the sole CIO. Wang is also a partner at Gopher Asset Management, an asset management arm...
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Kevin Zhang, one of the two co-founders of Chinese middle market private equity firm Ascendent Capital Partners, is retiring from the firm. He is understood to be planning to establish his own family office.
Chinese online retailer JD.com has raised approximately $2.5 billion for its logistics subsidiary from investors including Hillhouse Capital and Sequoia Capital China.