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We're actually seeing this as a great investment opportunity.

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China Renaissance

China Renaissance is a Chinese financial institution. Founded by Fan Bao in 2005 as a financial advisory firm, China Renaissance’s core business now consists of investment banking, investment management and wealth management. As of June 30, 2020, China Renaissance had advised on approximately 980 transactions worth over USD$146 billion since its inception, and the company’s private equity funds had AUM of approximately RMB39.0 billion in new economy investments. The chairman and CEO is Fan Bao. The group has offices in Beijing, Shanghai, Hong Kong and New York.China Renaissance was listed on the Main Board of Hong Kong Stock Exchange in 2018 (stock code: 1911.HK)

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