Global EditionASIA 中文雙語Fran?ais
    Business
    Home / Business / Companies

    IDG Capital, CreditEase link to help retail investors tap new economy

    By Song Jingli | chinadaily.com.cn | Updated: 2017-11-03 17:25
    Share
    Share - WeChat

    Xiong Xiaoge, IDG Capital Global Chairman. [Photo/VCG]

    Leading venture capital firm IDG Capital and Credit Wealth Management, an independent wealth management arm of CreditEase Group, has formed a comprehensive strategic partnership at the latter's 2017 private equity investment forum held in Beijing on Friday.

    IDG Capital invested in CreditEase as early as 2011 when CreditEase needed help, said Tang Ning, founder of CreditEase, whose peer-to-peer lending arm Yirendai listed on the New York Exchange on Dec 18, 2015, China's first fintech company that went public.

    "IDG Capital was lucky to have been early investors in two of China's BAT companies, Baidu and Tencent, and we are always looking forward to capturing companies which can go beyond the BAT," said IDG Capital Global Chairman Xiong Xiaoge, also known as Hugo Shong.

    Tang said CreditEase has accumulated numerous high–net-worth-individuals, many of whom run businesses in the traditional economy but want to benefit from the new economy too.

    CreditEase's Fund of Funds will be "the best way", not even "one of the best ways" for them to embrace the economy as these funds, unlike VC/PE funds which are open mainly to institutional investors and invest in companies in a certain sector, are open to individual investors and invest in VC/PE funds themselves, said Tang.

    Tang added that CreditEase's Fund of Funds has already invested in IDG Capital's PE funds and these two companies also launched an angle investor Fund of Funds early this year.

    At the forum, CreditEase launched an AI+FOFs system, which leverages on artificial intelligence to augment the companies' capability to select investable targets.

    The system enables analysis of 20,000 institutions via 60 dimensions such as styles of their management teams, when they exit from companies they have invested in and who buy into these companies.

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    CLOSE
     
    狠狠躁天天躁无码中文字幕| av区无码字幕中文色| 国产精品亚洲w码日韩中文| 婷婷色中文字幕综合在线| 亚洲精品无码成人片久久| 久久久久久无码Av成人影院| 中文字幕乱码人妻综合二区三区| 亚洲国产成人片在线观看无码| 亚洲综合无码一区二区| 中文字幕无码第1页| 狠狠精品久久久无码中文字幕| 国产区精品一区二区不卡中文| 国产成年无码AV片在线韩国| 中文字幕日韩在线| 日韩成人无码中文字幕| 自拍偷在线精品自拍偷无码专区| 潮喷大喷水系列无码久久精品| 久久精品中文无码资源站| 亚洲Av无码乱码在线znlu| 中文字幕一区二区三区在线不卡 | 亚洲精品无码99在线观看| 久久国产精品无码HDAV| 天堂最新版中文网| 天堂…中文在线最新版在线| 伊人久久一区二区三区无码| 免费无码AV一区二区| 久久久人妻精品无码一区| 国产热の有码热の无码视频| 久久亚洲2019中文字幕| 国产精品一区二区久久精品无码 | 无码专区狠狠躁躁天天躁| 亚洲韩国精品无码一区二区三区| 狠狠精品久久久无码中文字幕| 亚洲韩国精品无码一区二区三区| 最近2019中文免费字幕在线观看| 亚洲VA中文字幕无码毛片| 亚洲av成人无码久久精品| 色AV永久无码影院AV| 极品粉嫩嫩模大尺度无码视频| 中文精品无码中文字幕无码专区| 人妻少妇精品中文字幕av蜜桃|