Financial Times:

Sources: HongShan, formerly Sequoia China, raised a $2.5B fund; the new RMB fund can more easily invest in sensitive tech than its prior $9B fund raised in USD  —  Neil Shen's HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund

Financial Times:

Sources: HongShan, formerly Sequoia China, raised a $2.5B fund; the new RMB fund can more easily invest in sensitive tech than its prior $9B fund raised in USD  —  Neil Shen's HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund

Source: TechMeme
Source Link: http://www.techmeme.com/240708/p13#a240708p13