China Everbright Steps Up Investment Game, Strikes Optimistic Tone

Editorial Staff

29 October 2019

, the Hong Kong-listed private equity investment firm based in mainland China, has struck an optimistic note about the Chinese and wider global macroeconomic picture at a recent conference this firm has sponsored.

The firm will focus on fundraising, investment and asset management in the four sector platforms: aircraft supply chain service, real estate management, artificial intelligence and elderly care management, according to Zhao Wei, executive director and chief executive of Everbright, said.

Although the macroeconomy has been fraught with uncertainty and complications lately, Zhao Wei said “there is always a light at the end of the tunnel”, meaning that in spite of the global economy’s weakened growth, Everbright is not pessimistic about the situation. On the contrary, Everbright is confident about the macroeconomy, the real economy, and the prospect of China further embracing the world, Zhao said.

In the first half of this year, the organisation managed 64 funds with over HKD145.4 billion ($18.45 billion) of assets under management. In the past five years, the compound annual growth rate of Everbright’s AuM reached 36 per cent.