BIZCHINA> Top Biz News
![]() |
Hony Capital disputes rumors of going public
By Bi Xiaoning (chinadaily.com.cn)
Updated: 2009-09-14 13:01
"Legend Holdings is looking to get listed in the future. But for Hony Capital, there is no need to do so," John Zhao, president of Hony Capital, said in an exclusive interview with China Daily on the sidelines of the "Summer Davos" forum in China’s northern city of Dalian. Earlier, the Oriental Morning Post reported that Legend would have to wait until all of its subsidiaries are listed before it could do so. "It’s not the necessary process. For Hony Capital, our target is to become a prestigious value-added service provider. Going public is not our goal," Zhao added. Founded in 2003, Hony Capital is among China’s leading domestic private equity firms, with over $2.8 billion in assets under management across five funds.
Zhao shared his views on investing in the financial service industry during “the future of financial service” session at Summer Davos. "In the financial service industry, we target to invest in promising companies in the sectors of guarantee, insurance, securities, as well as futures firms and leasing companies, and most of them closely serve small and medium-sized companies," said Zhao. According to Zhao, Hony Capital is also seeking investment opportunities in domestic industries, especially among the State-owned companies, that are fragmented and likely to be consolidated. "Hony is looking at new investments in the pharmaceutical, media, and retail sectors in China, which are highly fragmented industries," Zhao added. (For more biz stories, please visit Industries)
|
主站蜘蛛池模板: 梁平县| 海丰县| 黑龙江省| 枣庄市| 繁峙县| 鹤岗市| 南涧| 云龙县| 双牌县| 东安县| 砀山县| 华蓥市| 阳春市| 漠河县| 民勤县| 大洼县| 汕头市| 奈曼旗| 竹山县| 西宁市| 义乌市| 湄潭县| 大港区| 阿鲁科尔沁旗| 蒙阴县| 屯昌县| 南部县| 察雅县| 澄城县| 湾仔区| 湟中县| 雷波县| 遵义县| 内乡县| 平和县| 张家港市| 巢湖市| 都安| 墨玉县| 弥勒县| 周至县|