Hillhouse capital deploys energy storage

Does Hillhouse Capital support audio?

audio is not supported! (Yicai Global) June 16 -- China's Hillhouse Capital, a private equity giant that is known for its early investments in companies such as Tencent Holdings and JD.Com, has established its first carbon neutrality-themed fund, expected to exceed CNY4 billion (USD596.8 million) in scale.

Who is Hillhouse investments?

Founded in 2005 by Chinese businessman Zhang Lei with seed funding from a Yale University endowment, Hillhouse is known for early investments in Chinese tech giants Tencent Holdings Ltd 0700.HK, JD.com Inc 9618.HK and Baidu Inc BIDU.O.

What does Hillhouse do?

Hillhouse strives to stimulate more firms and talents to participate in technological innovation and the green sectors against the backdrop of low-carbon transformation through long-term fund support so as to accelerate industrial upgrading, said Zhang Lei, founder of the Beijing-based company.