Pulong Capital will hone in on high-growth sectors in Greater China.

Puji Capital and Fu Wah International, a Beijing-based investment group, have entered into a joint venture focusing on investment opportunities in China’s high-growth sectors.

Pulong Capital will focus on tourism, real estate, consumer lifestyle and technology in Greater China.

“Fu Wah and Puji have nurtured a long-standing friendship of mutual trust and common vision.  Puji maintains deep and extensive strategic partnerships and relationships with leading domestic and foreign companies and tycoon families, and also provides rich project resources in our focused industries. Through this joint venture with Puji, Fu Wah has taken a crucial step to better look for investment opportunities and create market value in China and the world,” said Chiu Yung, president of Fu Wah International.

Alex Szeto, investment director of Puji, commented: “The primary goal of this joint venture is to perfectly capitalise on the opportunities in cultural-related tourism, real estate, consumer lifestyle, technology and other rapidly growing industries domestically and abroad."

Puji Capital provides growth capital, asset management and co-investment services for China and international conglomerates and tycoon families through its multi-strategy platform.