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Hony Capital

Legend to launch local VC funds in China: reports

MD of Legend Capital, Ouyang Xiangyu, has said that the VC firm has plans to raise two funds totaling around $500 million in the first half of 2011, one a RMB1 billion ($150 million) RMB fund, and the other a $350 million US dollar fund, in an interview...

  • Greater China
  • 06 December 2010
Hony Capital reportedly receives RMB3 billion from NSSF for second fund

Beijing-based Hony Capital, the leading PRC private equity firm, has secured RMB3 billion ($452 million) from the National Social Security Fund (NSSF) for its second RMB-denominated fund, which is expected to raise RMB 10 billion ($1.5 billion), according...

  • Fundraising
  • 10 November 2010
Hony picks up c.30% of Singapore's Biosensors International

Hony Captal, the leading China-focused private equity firm, has acquired a 29.47% stake in Biosensors International Group, Ltd., a leading medical device company in Singapore, in a deal estimated at around $218.3 million.

  • Buyouts
  • 28 October 2010
Hony Capital commits $112 million to China Golden department store

Hony Capital, the leading Chinese buyout firm , has closed its PIPE investment of $112 million into China Golden Development Holdings Ltd., a local department store operator.

  • PIPEs
  • 07 September 2010
Khazanah cornerstones Hony investee Chaowei Power IPO

Chaowei Power Holdings Ltd., a PRC electric bike motor battery manufacturer, debuted on the Stock Exchange of Hong Kong, collecting HK$474.8 million ($61 million), but saw its stock fall over 9% on its first trading day, amid global and PRC economic uncertainties.

  • Exits
  • 13 July 2010
Hony invests China Golden for Xian department stores

PRC buyout firm Hony Capital is investing into HKSE-listed China Golden Development Holdings through a convertible bond issue, to support the company's buildout of its department store operations in Xian.

  • Greater China
  • 24 February 2010
Hony sells Lenovo Mobile

PRC-focused buyout firm Hony Capital will realize 2x the original investment it made in 2008 for the acquisition of Lenovo Mobile Communication Technology Ltd from its original parent and cornerstone investor Lenovo Group.

  • Greater China
  • 08 December 2009
Hony sells Lenovo Mobile

PRC-focused buyout firm Hony Capital will realize 2x the original investment it made in 2008 for the acquisition of Lenovo Mobile Communication Technology Ltd from its original parent and cornerstone investor Lenovo Group.

  • Greater China
  • 08 December 2009
China M&A builds up steam

Activity also underscores growing strength of PRC domestic private equity

  • Greater China
  • 01 December 2009
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