VC firm Lanchi bets on China AI, Hong Kong potential after parting ways with BlueRun

Quick Summary:

Lanchi Ventures looks to ride the next wave of tech innovation with new Hong Kong base.

As rising geopolitical tensions between the world’s two largest economies heat up, Washington and Beijing have locked horns over tech and capital flows.

Chinese VCs are navigating the most treacherous waters in years: IPO exits were virtually shut off following tightened listing rules at home, while fundraising has become increasingly difficult as global players retreat.

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Article Details

Author / Journalist: Jiaxing Li

Category: Business

Markets: Hong KongChina

Topics: Companies Capital China Bluerun Global Tech Ventures Chinese Lanchi China’s Auto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 07:30:13 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 775 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21717598

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Official Website: scmp.com

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News Last Updated: 47 minutes ago

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Publisher ID: #42

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