Qianhai to transform into a global PE center

Source :Tan Yifan

The Qianhai office of Hony Capital Global Operation Headquarter was unveiled Nov. 13 in Qianhai at its 2016 global annual meeting.

The Hony Capital is an investment company of Lenovo, which was established in 2003 and its managed fund reaches over US$10 billion.

 

 

“If there is a place that can represent China’s momentum of development I think it should be Qianhai. Qianhai allows me to break the tradition way of thinking and the rules,” commented by Zhao Linghuan, chairman of Hony Capital.

“Shenzhen is the window of China’s opening-up policy. As China has become the second largest economy, Qianhai will become the bridgehead when China goes global. To be the enterprise who determined to go global, it needs to settle in a bridgehead-like area.”

“Hony Capital will take advantages of the preferential policies of Qianhai-Shekou Pilot Free Trade Zone (FTA) and the size of opportunities while we encourage Shenzhen and Hong Kong cooperation. It could promote the development of the investment sector in Qianhai by utilizing its influence,” said Tian Fu, director of the FTA Authority.

The Hony Capital is the first famed investor in Qianhai. In 2012 it settled in the area and established its global private equity investment center.

According the latest statistics, a total of 48,044 financial enterprises have registered in Qianhai and 19 element platforms were settled in the area. By the end of September, the added value of its financial enterprises reached to 37.83 billion yuan, accounting for 35.8 percent of the total added value generated by Qianhai enterprises.

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2016-11-14 10:27:00