CHINA-BASED GLOBAL PLATFORM FOR GPs & LPs
REGISTER NOW !
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
E-mail adress
Password
l read and agree to
Terms&Conditions
Create a new account Sign up!
Forget Password
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
Name
Surname
E-mail address
Password
Confirm password
l read and agree to
Terms&Conditions
Already have an account? Sign in!
Please go to the mailbox to approve the registration
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
FOF WEEKLY Account terms of service
1. Members registered in this website must abide by the provisions on the administration of Internet electronic announcement service, and shall not publish information such as defamation of others, invasion of others' privacy, infringement of others' intellectual property rights, spread of viruses, political speech, commercial information, etc.
2, in all the articles published in the site, the site has the final right to edit, and reserve the right to print or publish to a third party, if your information is not complete, we will have the right to use your work published in the site without any notice.
3. During the registration process, you will choose the registration name and password. The choice of registration name shall comply with laws, regulations and social ethics. You must keep your password confidential and you will be responsible for all activities that take place under your registered name and password.
Already have an account? Sign in!
E-mail adress

PE Weekly | News and Events in Chinese PE Market (2021.5.3-2021.5.9)

FOF Weekly Updated May 09, 2021


This week (2021.5.3-2021.5.9), PE Weekly covers Fundraising and policy news on PE market.

Fundraising

China’s CICC Capital Joins Hands with SAIC Motor to Set up $1.5 Billion Fund in Suzhou

6 April 2021----CICC Capital, one of China’s leading investment banking firms, has joined hands with SAIC Motor Co., Ltd and a Suzhou government-backed investment company to launch a CNY 10 billion ($1.5 billion) fund, targeting CNY 5 billion ($777 million) in the first close. The new vehicle mainly invests in premium projects in high-end equipment, smart manufacturing, smart connectivity, semiconductor, AI and other automobile industrial chain related industries. Read more…

China’s Gemdale Commits $15 Million to Healthcare Fund

6 April 2021----Gemdale Group, a listed Chinese real estate developer, announced the commitment from one of its subsidiaries to a fund at CNY 100 million ($15.3 million). The fund mainly invests in China’s healthcare industries including biomedicine, medical equipment, medical diagnosis, and medical services. Read more…

China’s Zoomlion Co-Launches $15 Million Private Fund Management Company

6 April 2021----Zoomline Heavy Industry Science & Technology Co., Ltd, a Chinese manufacturer of major high-tech equipment, commit CNY 20 million ($3.1 million) to set up a private fund management company with a registered capital of CNY 100 million ($15.3 million) as the second largest shareholder among other partners. The company focuses on business related to private equity investment fund management and venture investment fund management. Read more…

China’s Autobio to Set up Fund for IVD Projects

6 April 2021----Autobio, a Henan-based biomedicine company, has announced to set up an industrial fund for angel and venture investment in in vitro diagnostic products projects. Read more…

Policy

Beijing Expands Investment Areas for QFLP with New Policies

6 April 2021----Beijing rolled out a series of measures to expand areas for QFLP to invest in Chinese market. Chinese RMB in cross-border investment, for the first time, is now included into QFLP pilot project. Fund to be invested by QFLP now is allowed to adopt more flexible structure with minimum scale of CNY 100 million ($15.3 million). The scope of investment has been further expanded. Pilot funds can invest in preferred stocks, debt-to-equity swaps, convertible bonds, mezzanine capital, private debt, non-performing assets, and domestic private investment funds, etc. Read more…


Recommended reading
Chinese Equity Industry Responds to Government Call to Help Commercialize Sci&Tech Discoveries
PE Weekly | News and Events in Chinese PE Market (2021.6.6-2021.6.13)
PE Weekly | News and Events in Chinese PE Market (2021.5.31-2021.6.6)
A Deep Dive into Hainan’s QDLP Policy
REGISTER NOW !
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
E-mail adress
Password
l read and agree to
Terms&Conditions
Create a new account Sign up!
Forget Password
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
Name
Surname
E-mail address
Password
Confirm password
l read and agree to
Terms&Conditions
Already have an account? Sign in!
Please go to the mailbox to approve the registration
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
FOF WEEKLY Account terms of service
1. Members registered in this website must abide by the provisions on the administration of Internet electronic announcement service, and shall not publish information such as defamation of others, invasion of others' privacy, infringement of others' intellectual property rights, spread of viruses, political speech, commercial information, etc.
2, in all the articles published in the site, the site has the final right to edit, and reserve the right to print or publish to a third party, if your information is not complete, we will have the right to use your work published in the site without any notice.
3. During the registration process, you will choose the registration name and password. The choice of registration name shall comply with laws, regulations and social ethics. You must keep your password confidential and you will be responsible for all activities that take place under your registered name and password.
Already have an account? Sign in!
E-mail adress

PE Weekly | News and Events in Chinese PE Market (2021.5.3-2021.5.9)

FOF Weekly Updated May 09, 2021


This week (2021.5.3-2021.5.9), PE Weekly covers Fundraising and policy news on PE market.

Fundraising

China’s CICC Capital Joins Hands with SAIC Motor to Set up $1.5 Billion Fund in Suzhou

6 April 2021----CICC Capital, one of China’s leading investment banking firms, has joined hands with SAIC Motor Co., Ltd and a Suzhou government-backed investment company to launch a CNY 10 billion ($1.5 billion) fund, targeting CNY 5 billion ($777 million) in the first close. The new vehicle mainly invests in premium projects in high-end equipment, smart manufacturing, smart connectivity, semiconductor, AI and other automobile industrial chain related industries. Read more…

China’s Gemdale Commits $15 Million to Healthcare Fund

6 April 2021----Gemdale Group, a listed Chinese real estate developer, announced the commitment from one of its subsidiaries to a fund at CNY 100 million ($15.3 million). The fund mainly invests in China’s healthcare industries including biomedicine, medical equipment, medical diagnosis, and medical services. Read more…

China’s Zoomlion Co-Launches $15 Million Private Fund Management Company

6 April 2021----Zoomline Heavy Industry Science & Technology Co., Ltd, a Chinese manufacturer of major high-tech equipment, commit CNY 20 million ($3.1 million) to set up a private fund management company with a registered capital of CNY 100 million ($15.3 million) as the second largest shareholder among other partners. The company focuses on business related to private equity investment fund management and venture investment fund management. Read more…

China’s Autobio to Set up Fund for IVD Projects

6 April 2021----Autobio, a Henan-based biomedicine company, has announced to set up an industrial fund for angel and venture investment in in vitro diagnostic products projects. Read more…

Policy

Beijing Expands Investment Areas for QFLP with New Policies

6 April 2021----Beijing rolled out a series of measures to expand areas for QFLP to invest in Chinese market. Chinese RMB in cross-border investment, for the first time, is now included into QFLP pilot project. Fund to be invested by QFLP now is allowed to adopt more flexible structure with minimum scale of CNY 100 million ($15.3 million). The scope of investment has been further expanded. Pilot funds can invest in preferred stocks, debt-to-equity swaps, convertible bonds, mezzanine capital, private debt, non-performing assets, and domestic private investment funds, etc. Read more…