China Money Podcast - Video and audio episodes covering top investment news in China



China VC/Tech News Weekly Roundup: Chinese AI Firm Yitu Tech Raises $200M, Baidu Prepares CDR Issuance

In this episode of China Money Podcast, listen to all the news headlines in the week of June 11-15, 2018 with host Nina Xiang. Topics covered include Chinese AI company Yitu Tech’s US$200 million venture round, Baidu Inc’s plans to issue China Depositary Receipts, and China Money Network’s efforts to compile a list of 50 leading Chinese AI companies to shed light on the industry. Be sure to subscribe to China Money Podcast for free in the iTunes store, or …

China VC/Tech News Weekly Roundup: Xiaomi CDR Issuance, Ant Financial’s $14B Massive Round

In this episode of China Money Podcast, listen to all the news headlines in the week of June 4-8, 2018 with host Nina Xiang and guest Fritz Demopoulos, founder of Queens Road Capital and co-founder of Qunar.com. Topics covered include Chinese smartphone maker Xiaomi Inc.’s dual listing in Hong Kong and in China via the newly implemented CDR program, Ant Financial’s massive US$14 billion new round, and how to keep up with shifting new tech trends in today’s world. Be …

China VC/Tech News Weekly Roundup: China VC Report For May, Sensetime Raises $1.2B In Two Months

In this episode of China Money Podcast, listen to all the news headlines in the week of May 27 to June 1, 2018 with host Nina Xiang. Topics covered include China Money Network’s freshly released China VC Tracker for the month of May, how Chinese AI company SenseTime raised US$1.2 billion in a two-month period, and how the battle to gain an upper hand in omni-channel retail continues between Tencent and Alibaba. Be sure to subscribe to China Money Podcast …

China VC/Tech News Roundup: Sequoia Co-Leads $260M Round In Brii Bio, China’s Official Blockchain Report

In this episode of China Money Podcast, listen to all the news headlines in the week of May 21-25, 2018 with host Nina Xiang. Topics covered include two massive healthcare VC rounds, including Sequoia Capital and Yunfeng Capital’s US$260 million investment in biomed firm Brii Bio, and Ally Bridge Group’s US$300 million investment in Tencent-backed cancer detection start-up Grail. In addition, there are lots of insights from China’s official blockchain report. Be sure to subscribe to China Money Podcast for …

China VC/Tech News Roundup: Jack Ma On Blockchain, Bitmain Leads $110M In Circle, Roadstar.Ai’s $128M Round

In this episode of China Money Podcast, listen to all the news headlines in the week of May 14-18, 2018 with host Nina Xiang. Topics covered include Alibaba’s founder Jack Ma’s views on blockchain, the world’s largest Bitcoin miner Bitmain leading US$110 million in Goldman Sachs-backed Circle, and Chinese autonomous driving start-up Roadstar.ai raising a massive US$128 million financing round. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. …

China VC/Tech News Roundup: Didi Murder, Xiaomi Rice Cooker, And Canaan IPO

In this episode of China Money Podcast, listen to all the news headlines in the week of May 7-11, 2018 with host Nina Xiang, together with guest Shai Oster, the Asia bureau chief for The Information. Topics covered include the implications of a recent murder by a Didi driver who passed facial recognition to log into his father’s account to take orders, Xiaomi’s rice cooker maker raising a series C round (and of course Xiaomi’s upcoming IPO), and the planned …

China VC/Tech News Roundup: Chinese Robot Maker Scores $820M Round, Baidu Unit Secures $1.9B

In this episode of China Money Podcast, listen to all the news headlines in the week of April 30-May 4, 2018, including Chinese robot maker Ubtech scoring a US$820 million around, and Baidu’s financial services arm securing a US$1.9 billion round. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. Follow us on Twitter @chinamoneypod, follow us on our LinkedIn page. Please scan the QR code below to follow …

China VC/Tech News Roundup: Baidu’s New AI Fund, Six Mega VC Rounds In One Week

In this episode of China Money Podcast, listen to all the news headlines in the week of April 23-27, 2018, including Baidu’s new AI fund, a number of VC fund closings and six mega VC rounds each worth US$100 million and more. One round was a whopping US$1.9 billion. Be sure to subscribe to China Money Podcast for free in the iTunes store, or subscribe to our weekly newsletter. Follow us on Twitter @chinamoneypod, follow us on our LinkedIn page. …

Cynthia Zhang: Toutiao Easily Worth More Than Tech Giant Baidu

At first glance, the investment strategy of veteran private equity manager Cynthia Zhang appears risky. As founder of recently launched private equity firm FutureX Capital, Zhang plans to make mid-to-late stage investments in promising Chinese tech stars, whose valuations are perhaps the highest in the world.

Jonathan Larsen Explains How Chinese Insurance Giant Ping An Wants To Invest $1B In Global Tech Start-Ups

For Jonathan Larsen, an 18-year Citi veteran, joining China’s Ping An Insurance (Group) Co. was like an army general being asked to lead a small, elite squad. As Global Head of Retail Banking and Mortgages at Citi, Larsen oversaw a global team of 80,000 employees. But when he joined Ping An this May as Chief Innovation Officer and CEO of the US$1 billion Ping An Global Voyager Fund, the team was just him and his assistant on his first day.

KPCB’s James Huang Says High Healthcare Valuations Force Investors To Seek Early Stage Innovation

China’s healthcare sector is seeing a flood of new capital from from non-professional investors such as Chinese coal mining and factory bosses, according to James Huang, a managing partner at Kleiner Perkins Caufield & Byers (KPCB) China, who focuses on life sciences. As a result, valuations have become excessive, forcing more experienced investors to adopt new strategies to get ahead of the "dumb money."

Ken Xu Of Gobi Partners Sees Trillion-Dollar Market In China’s 2B Artificial Intelligence Sector

In this episode of China Money Podcast, Gobi Partners managing partner Ken Xu speaks to our host Nina Xiang. Xu discusses what he sees as the next technology frontier markets in China, and how Gobi is investing in the artificial intelligence, Internet of Things (IoT) and new infrastructure-themed industries.   You can read a Q&A and watch a short video of the interview. Don’t forget to subscribe to China Money Podcast for free in the iTunes store, or subscribe to …

Google-Backed Mobvoi Dreams Of Powering Smart Hardware Revolution

Zhifei Li, founder of Chinese artificial intelligence firm Mobvoi, once joked in a Wechat post that the best business model for a Chinese AI company was to become an Internet celebrity via smart marketing and then pivot to become an e-commerce firm. But, he added self-deprecatingly, "because I’m not handsome enough and my Mandarin is terrible, I choose to sell premium hardware powered by our own proprietary AI technology."

Former CNNIC Chief Says China Is Pioneering New Business Models In Tech

At the World Economic Forum’s Annual Meeting of the New Champions (also known as the Summer Davos) in Dalian last week, China Money Network caught up with Prof. Xiaodong Lee, former president and CEO of China Internet Network Information Center (CNNIC), to chat about the development of the Internet industry in China and the country’s role in managing the world wide web.

Pantheon’s Jie Gong Says Chinese Growth-Capital Funds Are Soul-Searching

In this episode of China Money Podcast, guest Jie Gong, a partner at Pantheon’s Asia Investment Team, spoke to our host Nina Xiang. Gong discussed new and important trends she sees in China’s private equity and venture capital space, and what the fund-of-funds manager looks for when considering backing funds in China.

Shunwei’s Meng Xing Says Chinese AI Startups Need Niche Products To Survive And Thrive

To say that Meng Xing, V.P. and entrepreneur-in-residence at Chinese venture firm Shunwei Capital, has been busy would be a gross understatement. Over the past ten years, the 31-year-old venture capitalist and entrepreneur has founded two artificial intelligence (AI) start-ups, selling one, an image recognition AI company, to Amazon and the other to a listed Chinese company. In between, he worked as an investment banker at J.P. Morgan Hong Kong and casino giant Caesars Entertainment, on top of getting an …

Sequoia Capital’s Liu Xing Discusses AI Investments In China

Liu Xing (pictured), a partner at Sequoia Capital China, spoke to China Money Network’s Nina Xiang earlier this week in Beijing on investing in artificial intelligence start-ups in China. Liu joined the venture firm in 2007, and specializes on seed, early and growth-stage companies in the consumer and TMT sectors. Watch the video interview and read a Q&A below: Q: How would you assess artificial intelligence investments in China right now? A: I think the whole AI sector (in China) …

Tommy Yip Sees More Down Rounds For High-Value Chinese Tech Firms

Venture capitalists around the world are having second thoughts about the value of some of their earlier investments. Over the last year, 102 companies were obliged to raise financing at a lower valuations than during earlier funding rounds, according to CB Insights. While only a few Chinese companies are on the list of so-called down rounds, that will not last long as more Chinese tech firms will be forced to raise money at lower valuations, says Tommy Yip, managing partner at …

C-Bridge’s Fu Wei Aims To Profit By Transferring Pharma Tech To China

C-Bridge Capital, a Shanghai-based private equity firm focused on China’s healthcare sector, hopes to profit handsomely by bringing better drug know-how from developed markets to the underdeveloped Chinese pharmaceutical industry. Headed by finance veteran Fu Wei, the US$700 million-under-management firm led a follow-on US$100 million round in Chinese pharmaceutical start-up Ascletis earlier this month. Ascletis has licensed and conducted clinical trail on a hepatitis C treatment drug developed by an American company, and is launching the drug in China during the …

Alpha Unicorn iCarbonX Eyes 800M WeChat Users To Build Global Precision Health Giant

Since an early age, Wang Jun has been fascinated with the fundamental philosophical question: What is life? The ex-CEO of Chinese genome sequencing giant BGI and founder of China’s highest-valued precision health start-up iCarbonX now aims to help people answer that question for themselves. Wang entered Peking University, China’s top university, at the age of 16 after achieving the highest college entrance exam score in his hometown of Dongtai county, in Jiangsu province. During the early 1990s, he pursued his …

Grant Horsfield Wants To Get HSBC And Coca-Cola "Naked"

Grant Horsfield, founder of Shanghai-based resort and co-working space operator naked Group, always sees things differently. When others saw dilapidated farm houses in China’s countryside, he envisioned seclusive luxury resorts. Now, a year after entering China’s co-working space, the South African entrepreneur is convinced that the future of his multi-pronged hospitality and property business lies in fast execution.