PDF《HKVCA 5th Asia Private Equity Forum》

1 HKVCA 5th Asia Private Equity Forum MEDIA COVERAGE 1.

EJ Insight,30 Jan

2015 2. 财新微信,27 Jan

2015 3. 吉安站,24 Jan

2015 4. AsianInvestor,

23 Jan

2015 5. Tencent,

22 Jan

2015 6. 大公报,

22 Jan

2015 7. 环球网,22 Jan

2015 8. 天竺新闻网,21 Jan

2015 9. 新浪财经,21 Jan

2015 10. 现代电视,21 Jan

2015 11. 贵阳网,21 Jan

2015 12. 证券时报网,21 Jan

2015 13. 长城网,21 Jan

2015 14. 搜狐,21 Jan

2015 15. Firenews,21 Jan

2015 16. 私募排排网,21 Jan

2015 17. 凤凰财经,21Jan

2015 18. 新华网,21 Jan

2015 19. 中国日报,21 Jan

2015 20. 参考消息,21 Jan

2015 21. 中时电子报,21 Jan

2015 22. Aastocks,

21 Jan

2015 23. 星岛日报,

21 Jan

2015 24. 中国新闻社,

21 Jan

2015 25. Asia Venture Capital Journal,

21 Jan

2015 26. 商业电台,

21 Jan

2015 27. 现代电视,21 Jan

2015 28. Now TV,

21 Jan

2015 29. Hong Kong Economic Journal,

22 Jan

2015 30. 财华网,

21 Jan

2015 31. 华富财经,

21 Jan

2015 32. Live Trading News,

22 Jan

2015 2 Media EJ Insight Date

30 Jan

2015 Page n/a Reporter Myssie You Headline Serial entrepreneurs could coach HK start-ups Synopsis (For Chinese articles) Link http://www.ejinsight.com/20150130-serial-entrepreneurs-could-coach-hk-start-ups/ Serial entrepreneurs could play a bigger role in nurturing local entrepreneurship, following the example of Silicon Valley, according to a top venture capital executive Conrad Tsang, chairman of the Hong Kong Venture Capital and Private Equity Association (HKVCA), said Hong Kong serial entrepreneurs likely started their business in their 20s before the dotcom bubble burst in 2000. They survived the tough days and became investors in the current wave of entrepreneurship, Tsang told EJ Insight in an exclusive interview. Many active Hong Kong venture capital and private equity investors were serial entrepreneurs, he said. Their experiences are very precious… a coaching model could be very helpful [for Hong Kong'

s young generation of entrepreneurs] . Complaints about angel investors being too conservative about local start-ups are not new. Some observers said large organizations still prefer to acquire relatively mature firms rather than take risks to help grow smaller ones. Hong Kong should not stop at being a PE hub. It should also be a VC hub, Tsang said. Hong Kong-based companies managed about one-fifth of private equity funds in Asia at the end of September last year. Together with their counterparts in mainland China, they control more than

60 percent of these funds, according to government data. Tsang said the scale and frequency of communication between experienced serial entrepreneurs and the younger generation in Hong Kong are far from enough and the government'

s limited support policy is another issue. However, Tsang is confident Hong Kong can catch up quickly, given its advantages of free flow of information and large numbers of PE/VCs. In addition, he said he has seen evidence that the government is stepping up efforts to promote the start- up sector , such as the proposed establishment of an innovation and technology bureau. On Monday, Hong Kong Financial Secretary John Tsang told the Asia Private Equity Forum that the government is about to extend the profits tax exemption for offshore funds to private equity funds to attract overseas funds.

3 He said other measures such as mutual recognition of funds between the mainland and Hong Kong are pending approval. Consumer-related sectors will be in the spotlight in the coming years amid China'