Sequoia is also tapping investors in the Middle East and Japan among other regions for its new global fund.
The latest funding round values Kuaishou at about $18 billion.
The fundraising comes amid a wider reshuffle of Baidu's corporate strategy as it looks for new revenue streams outside its core search business.
CAF, backed by the Export-Import Bank of China, is currently pitching the fund to prospective investors.
The round values the unit at $8.8b and also attracted Japan's SBI Holdings as a lead investor.
JD has invited a select group of investors to join the funding round that values its logistics business at around $10b.
The IPO plans of Shanghai-based Hua come as investors are beginning to bet big on the potential of Chinese biopharma groups.
Bankers and analysts expect Xiaomi’s profits to continue growing sharply into 2019, which one source said would make a $100 billion valuation at IPO
IPOs & Markets
Goldman began due diligence on HNA and Pactera in August after winning a mandate to lead the funding round. It later pulled out because the deal did n
It is seeking $500 million in fresh funding, in a round that could value firm at $5 billion, in the first quarter of next year.
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