
Opportunities in cross border deals says John Zhao
In his keynote speech at the Asian Private Equity & Venture Forum in Beijing today, John Zhao, CEO of Hony Capital, shared his views on the Chinese private equity market. Zhao saw opportunities for private equity investors in cross-border deals. "Many Chinese have become major companies because of domestic growth," he said.
He added that many of these companies need to hedge their exposure and expand overseas, and private equity can be important links in helping these companies go global. "It is hard work but very profitable,"...
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