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

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

Hillhouse Capital founder Zhang Lei. Photographer: Paul Yeung/Bloomberg

Hillhouse Capital Management Ltd. is seeking to raise billions of dollars to invest in beaten-down Chinese stocks after this year’s market rout, according to people with knowledge of the firm’s deliberations.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter