Harvest Capital expects that having a presence in Hong Kong will allow the firm to fully leverage the city's advantages as a global financial center and the many favorable policies enacted in the Special Administrative Region.
As an international financial center, Hong Kong has a well-established equities market and a robust legal system. The new office is expected to fully use its locational advantages and provide a strong impetus for the rollout of Harvest Capital's globalization roadmap.
Founder and chairman of Harvest Capital, Xiangqian Song, said: ‘The Hong Kong office is an important part of our global portfolio. We look forward to building a more comprehensive, broader, and closer relationship with investors, capital markets and potential partners through the office and providing a more cutting-edge perspective for Harvest Capital's investment portfolio and post-investment empowerment.’
With funds under management exceeding CNY 26 billion, Harvest Capital is one of the few value-creation funds in China that has the ability to invest at scale. As a committed practitioner of empowerment investment, the firm provides companies with long-term comprehensive financial solutions, strategic consulting services, and efficiency improvement solutions.
The opening of the HK office is expected to help Harvest Capital better connect with domestic and foreign capital markets and serve domestic and foreign entrepreneurs and investors more efficiently. In addition, the office will serve as an intermediary by coordinating resources in and outside of China, assisting them with overseas communications, and helping them improve capital and time efficiency.
Harvest Capital expects that having a presence in Hong Kong will allow the firm to fully leverage the city's advantages as a global financial center and the many favorable policies enacted in the Special Administrative Region. Furthermore, the new office will actively collaborate with the relevant upstream and downstream players and various government departments to help more Chinese consumer goods and services providers find their place in international capital markets and achieve greater commercial value.