Yichen Zhang, CEO of CITIC Capital, discusses fundraising, working on outbound deals, the appeal of China divestments by foreign companies, and leading a multi-strategy firm
Q: CITIC Capital hit the hard cap on the US dollar portion of its latest China fund after less than a year in the market. What does this say about LP demand for China private equity? A: It’s different...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.