China’s Venture, PE Sector Slows In July As Investors Remain Cautious

Venture capital deals in China saw a sharp slowdown in July as investors remain cautious in deploying capital to start-ups and companies. A total of 173 venture capital deals were recorded last month, down 21% from June, and 53% from July 2016. A total of US$2.6 billion was raised in July, a decline of 14% month-on-month, and 24% from a year earlier, according to data released by ChinaVenture.

Video: Chang Sun Plans To List Two Agri Biz In Three Years

Chang Sun, founder and chairman of Black Soil Group Ltd., formerly Warburg Pincus’ chairman of North Asia, tells China Money Podcast host Nina Xiang that he plans to list two agriculture businesses in the next three years. (Special thanks to the Hong Kong Venture Capital and Private Equity Association for providing an interview venue at the Hong Kong Convention and Exhibition Center.)

Video: Chang Sun Envisions Modern Agri Biz Combining Finance And Internet

Chang Sun, founder and chairman of Black Soil Group Ltd., formerly Warburg Pincus’ chairman of North Asia, tells China Money Podcast host Nina Xiang that his objective is to establish a modern agriculture business combining finance and Internet and to improve productivity from consolidating land and scaling up operations. (Special thanks to the Hong Kong Venture Capital and Private Equity Association for providing an interview venue at the Hong Kong Convention and Exhibition Center.)

Video: Why Chang Sun Focuses On Chinese Staple Grain Production

Chang Sun, founder and chairman of Black Soil Group Ltd., formerly Warburg Pincus’ chairman of North Asia, tells China Money Podcast host Nina Xiang why his agriculture business decided to focus on staple grain production in China. (Special thanks to the Hong Kong Venture Capital and Private Equity Association for providing an interview venue at the Hong Kong Convention and Exhibition Center.)

For China’s Private Equity, The Risk Of Selling Too Early

If you are a private equity fund manager in China and you have sold shares of your portfolio companies this year, chances are you are hitting yourself on the head right now. Gabriel Li, managing director at US$3 billion China-focused private equity firm Orchid Asia Group, shared his teeth-biting story at the Hong Kong Venture Capital and Private Equity Association (HKVCA) 14th China Private Equity Summit held in Hong Kong today.

Min Lin: Chinese Private Equity Secondary Deals May Peak In The Next Few Years

In this episode of China Money Podcast, guest Min Lin, founding partner and co-head of Greater China at NewQuest Capital Partners, talks with our host Nina Xiang. She shares her insights on NewQuest’s direct secondary investment strategy, why she thinks private equity secondary exits may peak in the next few years, and her experience spearheading ESG (Environmental, Social and Governance) investing in China. Read an excerpt below, watch an abbreviated video version, but be sure to listen to the full episode …

Cheng Yu-tung-Controlled Chow Tai Fook Plans RQFLP Fund

Credit China, Chow Tai Fook Nominee Limited, and VMS Investment Group Limited have entered into a non-binding agreement to cooperate in a joint-venture investment fund. The fund, called Chongqing Run Ke Equity Investment Fund Partnership, is a private, closed-ended RMB qualified foreign limited partnership (RQFLP).

CDH Agrees To Invest $97M to China’s New Focus Auto

Hong Kong-listed auto after-sales service provider New Focus Auto Tech Holdings says that it has entered into definitive agreements with CDH Investments about a US$97.37 million investments. CDH has agreed to buy 1.3 billion ordinary shares of New Focus Auto at HK$0.30 per share for a total amount of US$48.7 million.

Carlyle Buys 49% Stake In SZITIC Commercial Property’s Shopping Malls

The Carlyle Group announced a strategic partnership with SZITIC Commercial Property Co., one of the largest shopping mall developers and operators in China. Carlyle is acquiring a 49% stake in Suzhou In-City Mall and Hangzhou Gudun In-City Mall, two regional shopping malls owned and operated by SZITIC Commercial Property. Financial terms of the acquisition were not disclosed. Suzhou In-City Mall, located between Suzhou Industrial Park and the old city center, has four above ground floors and one basement retail floor …

CSRC To Regulate China’s Sunshine Private Funds

China Securities Regulatory Committee (CSRC) announced in a press conference that it is soliciting input from the public on its "Temporary Rules On Private Funds In Public Security". Such funds are also called sunshine private equity funds, or sunshine private funds.

Review: Sunshine Private Equity In China

In this episode of China Money Podcast, our host Nina Xiang review a unique phenomenon in China’s asset management industry, sunshine private equity funds: – What is sunshine private equity? – Why does it exist, and how is it different from other PE funds? – What is happening to China’s sunshine private equity funds right now, and what lies ahead?