February 8, 2023

On Tuesday, funding establishment Hillhouse Capital denied the rumor that the corporate have been liquidated after shedding over over $30 billion with its Chinese language ADR holdings.

A spokesperson for the corporate reassured their monetary place, “In step with the newest 13F document launched by way of U.S. Securities and Change Fee’s web site (SEC), our fund has a complete place of about $6 billion in U.S. shares, so it’s unattainable to lose $30 billion.”

In step with the SEC, HHLR Advisors below Hillhouse Capital held 76 shares within the U.S. inventory marketplace as of the top of the This autumn 2021, with a complete marketplace price of about $6.472 billion.

Based by way of Zhang Lei in 2005, Hillhouse Capital specializes in long-term structural price funding and business innovation, overlaying the fields of existence and well being, {hardware} generation, intake and retail, carbon neutrality, undertaking services and products and others. Its funding spans early VC, non-public fairness funding, indexed corporate funding and M&A funding.

The funding company continues to take a position its assets in complex generation fields, and its funding in {hardware} and state of the art generation accounts for greater than 80% of its entire funding format. Enterprises invested by way of Hillhouse Capital come with JD.com, ByteDance, Meituan, CATL and others. At this time, the company has places of work in Beijing, Hong Kong and Singapore.

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At first of 2021, Hillhouse Capital established the primary “Inexperienced Fund”. Trade and Innovation Analysis Institute of Hillhouse Capital and Beijing-based Institute of Finance and Sustainability (IFS) collectively launched the primary carbon neutrality document within the trade. Hillhouse Capital has amassed a scale of just about 50 billion yuan within the box of carbon neutrality. In February 2021, the corporate formally joined the United International locations Group of Rules for Accountable Funding (UNPRI) to advertise the sustained and wholesome construction of inexperienced funding within the trade and reinforce the golf green transformation of China’s economic system.

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