Bei Hu

Hillhouse said to seek billions of dollars to invest in tumbling China stocks

Zhang Lei’s more than $50 billion investment firm may raise about $4 billion to be split between its flagship Gaoling Fund and the Hillhouse China Value fund.

Goldman Sachs said to be shutting two Asia-based hedge funds

The two hedge funds operated under the Goldman Sachs Investment Partners division, which has about $4 billion in assets.

China phone giant Xiaomi may be twice as expensive as Apple

Xiaomi Corp. deserves to trade at a premium to global phone brands due to its market-share gains and faster growth trajectory, according to research from Morgan Stanley, one of banks leading its Hong Kong IPO.

Hedge fund ChinaRock’s venture capital push reaps 27-fold gains

ChinaRock’s strategy is to get in on the ground floor and then cash in big when companies are eventually sold or launch hotly contested public offerings.

Canada’s largest pension fund backs emerging hedge funds in a peevish market

The backing comes at a time when investors are balking at high fees and disappointing returns from the industry’s biggest managers.

Chinese investment firm Hillhouse to raise $6b in new PE fund

If successful, it will be the biggest dollar buyout pool raised by the firm, which started in 2005 with $20 million from Yale University’s endowment.

Slew of Asia hedge fund startups point to signs of revival after slumped 2017

An estimated 37 Asia-focused hedge funds started in 2017, the least since Eurekahedge started tracking data in 2000.

Singapore’s Dymon Asia hedge fund to raise $600m in equity expansion

This comes at a time when funds betting on rising and falling stocks in Asia have gained more than 12 percent this year.

Asia’s rich heirs pump money into tech startups

Assets managed by wealthy clans in the region have grown to more than $17 trillion.

After Alibaba bonanza, manager said to plan new Asia hedge fund

Initial capital has been pledged by institutions including HS Group, a HK-based strategic investor.