China attracted approximately US$6 billion in venture capital and private equity funds during 2005. In addition to private funding, the public markets have responded by rewarding Chinese enterprises via listings either on The Stock Exchange of Hong Kong or other overseas' exchanges. Tempering this enthusiasm is talk of "hot money" and RMB speculation, sparking fears of overinvestment and overcapacity in the Chinese economy.

In the Fifth China Private Equity Summit, our line up of seasoned private equity market participants survey the current state of play from their own unique perspectivesˇXincluding industry updates in technology, media and domestic demand industries such as alternative energy. As we do annually, our speakers will also provide updates on recent regulatory changes that impact the investing landscape.

Finally, this year we are pleased to welcome international and domestic investors (LPs), including hedge fund managers, who will share their private equity investing and treasury management strategies for China.

Registration: 8.30a.m.
Opening remarks: Chairman, HKVCA

Session 1: 9.00-10.30a.m.  
  9.00-9.45a.m. How International, Regional funds and Corporates view investments in China
  9.45-10.30a.m. Accounting practice in local companies - are they changing and improving in the public/private sectors? Revenue recognition Valuation of private portfolios-how new accounting standards affect industry
Reputational Due Diligence

10.30-10.45a.m. Coffee Break

Session 2: 10.45-12.10p.m.  
  10.45-11.15a.m. Latest regulations: SAFE Circular 75, Revised Company Law, Revised Securities Law
  11.15-11.35a.m. Onshore funds ˇV local exit
  11.35-11.50a.m. Legal person shares fund ˇV stock market reform
  11.50-12.10p.m. New regulation on local VCs

12.30-2.00p.m. Lunch
Luncheon speaker: Tim Clissold, Author of "Mr. China"

Session 3: 2.00-3.15p.m.  
  2.00-2.30p.m. Trends ˇV Rise and ebb
Alternative energy Domestic demand orientated industries Innovation/ Proprietary technology
  2.30-3.15p.m. Case Studies ˇV
Alibaba Suntech Pacific Insurance

3.15-3.30p.m. Coffee Break

Session 4: 3.30-5.30p.m.  
  3.30-3.50p.m. Raising funds for Chinese enterprises
  3.50-4.30p.m. Alternative asset managers: what attracted them to China venture capital and private equity
  4.30-5.30p.m. Private Equity & Treasury Management Strategies for LPs

 


 

HKIoD Happy Hour Networking Session  

Date: Monday 8 May 2006
Time: 6:00pm-7:30pm
Format: informal reception
Venue: Sports Club, 4/F South China Building, 1-3 Wyndham Street, HK

Please click here for more information.
 

 

 

HKVCA 3rd Annual Golf Day ˇV
March 13, 2006
  HKVCA & Daedeok Innopolis organized Investment Mart ˇV
March 17, 2006

A great success with 71 participants and many more at clinics and lunch, having a fun time. Weather was cooperative, although cold, and the day was much enjoyed by all. An excellent time to relax and bond.

Winning team was the formidable Paul Cheng, John Monteiro, Tom Wu and Stephen Cazalet. Winner of the Putting contest and Dragonair tickets to Tokyo was Stephen King of CCMP, a close miss for Lily Jin of 3i.
 
A gathering of 60 venture capitalists attended the presentation of 6 interesting Korean companies followed by lunch at the Four Seasons Hotel. Many companies went on to arrange one- on one discussions with the Korean companies.The roadshow was organized by the Korean Ministry of Science and Technology - Daedeok Innopolis

 

 

Associate Member
Navigant Consulting Asia
Representative: Sam Porteous

Navigant Consulting is a specialized consulting firm providing dispute, financial, regulatory and operational advisory services primarily to companies in regulated industries, government agencies and legal counsel.


 

Growth Enterprise Market (GEM) discussion paper
HKVCA would be discussing submission of the industry's view in the formulation of direction, positioning and operating model of the growth company board.If you wish to join HKVCA's meetings on this matter, please contact Lilia Chin at Tel 2845 6100 or email enquiry@hkvca.com.hk

 

 

HPL Group
Nature Business: Aerospace Engineering

Funds required: US$3.4M for Startup, Working Capital, Machinery

Project Details:
HPL is a US$8m aerospace precision engineering company based in England, supplying blue chip aerospace companies. Our customer base wants us to open a factory in Chengdu, China to supply parts to Europe and also their China facilities. Firm orders are in place. 2010 sales will be US$c30m; EBIT US$5.5m. We propose to visit HK April 06.


Contact Details:

Mr. Stuart Le Cornu
Address: HPL House, Windmill Ind. Estate, Birmingham Road, Allesley, Coventry, CV5 9QE, UK
Tel: 00-44-2476 408 253
Fax: 00-44-2476 403043
Email: stuart.lecornu@hpl-group.co.uk
Website: www.hpl-group.co.uk

CHAN CHAK CHUNG & Co. CPA
Nature Business: CPA

Funds required: US$5M for pilot project

Project Details:
This is a project to employ Compressed Natural Gas method for transportation and house cooking use in Tanzania. This project deals with the distribution only in the natural gas downstream business. The natural gas comes from Tanzania directly, as the country has large reserve of natural gas. This project was originally presented by Tanzania Petroleum Development Corporation(which is the execution arm of Ministry of Energy of Tanzania) to the Ministry of Foreign Affairs of China for funding. About USD is required for the pilot project, which could then form the basis for future expansion if successful. This pilot project itself is an independent one and future investment would be up to the investors to see how many users to be targeted. No new technology is used but a mature one with us having a competitive edge. We are glad to provide more information to interested parties.


Contact Details:

Mr. Chan Chak Chung
Address: Room 1203-04, 12/F, ING Tower, 308-320 Des Voeux Road Central, Sheung Wan, HK
Tel: 2815 2881
Fax: 2545 4459
Email: ccccpa@netvigator.com
Website: www.ccc-cpa.com