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China's New Investment Playbook: VCs Chase Crypto As A Travel Upstart Eyes New York
Benzinga· 2025-07-24 23:20
Two recent shifts by smaller venture capital firms and a major IPO plan from a Hong Kong travel upstart signal telling trends for the future. China Renaissance (1911.HK) is making a significant foray into cryptocurrency, while Tian Tu Capital (1973.HK) is pivoting from its consumer goods comfort zone into technology, funded by an unusual bond issue. Simultaneously, online travel agent Klook is preparing a major U.S. listing. These moves, while distinct, paint a broader picture of adaptation and strategic re ...