HongShan

HongShan HongShan. formerly Sequoia Capital China. spun off as an independent entity in 2023. Founded in 2005 by Neil Shen (with Zhang Fan), the firm manages $55-56B in AUM, making it one of the world's largest VC organizations. The portfolio spans 1,500+ companies with 140+ unicorns and 160 listed companies. The flagship investments read like a roster of China's tech economy: Alibaba, ByteDance, Meituan, JD.com, Pinduoduo, and Shein. The first fund as an independent entity. 18B RMB (roughly