FB Pixel no scriptKEY STAT | It's harvest season for Sequoia China and Hillhouse Capital | KrASIA
Menu
KrASIA
News

KEY STAT | It’s harvest season for Sequoia China and Hillhouse Capital

Written by Julianna Wu Published on 

Share
The healthcare sector was drawing most of the investor interest.

Hillhouse Capital and Sequoia China have been the two most prolific Chinese venture capital firms in terms of exits via IPOs in the past year, as they respectively saw 27 and 25 of their portfolio companies going public, according to database ITjuzi.

Nine of Sequoia China’s 25 IPOs originated from the healthcare sector, which gained huge attention from investors in 2020 amid the global pandemic.

The number was even larger for Hillhouse, with more than 60% of its IPOs in the pharmaceutical and medical fields.

The two have joined hands four times during the year—in the listing of online real estate broker Beike, electric vehicle maker Xpeng, online healthcare platform JD Health, and Airbnb.

Read this: SPAC attack: Southeast Asian unicorns ditch conventional IPOs

This article is part of KrASIA’s “Key Stat” series, where KrASIA picks and presents the most significant figures of the day’s technology and business world.

Share

You might like these

  • News

    Eurazeo completes first close of Smart City Fund II

    By 

    Lin Lingyi

    25 Feb 2021    04:49 PM

KrASIA InsightsKrASIA Insights

  • With over 22 million users, Facebook was the favored social network in Myanmar. Now, it is “temporally” banned in the country, and some people feel dazed.

    Insights

    Facebook was the internet in Myanmar. What happens now that it’s banned? | Tech in Culture

    By Stephanie Pearl Li

    24 Feb 202110:38 AM

Most PopularMost Popular

See All