Leading equity investors are looking at regional emerging industries, five 100-billion-yuan ($15-billion) industrial clusters in Zhuhai, and deepened Zhuhai-Macao industrial cooperation at today's 2020 Greater Bay Area New Economy Industrial Forum in Shizimen.

The session is part of the Oct 12-15 China Venture Capital & Private Equity Annual Forum, which is examining the equity investment sector from the prospective of investment, trends, and strategies. Suggestions are expected on Greater Bay Area development, Zhuhai's Second Entrepreneurship, and Macao's industrial diversification.

Among hundreds of industrial heavyweights at the Zhuhai International Convention & Exhibition Center are Shen Nanpeng from Sequoia Capital, Zhang Lei from HillHouse Capital, and Xiong Xiaoge from IDG Capital. 

Roundtable dialogue [Photo courtesy WeChat account: cnhuafag]

HillHouse and IDG have located in Hengqin, which is one of a few areas in the country that may accommodate new private equities. There currently are 573 private fund managers registered in Zhuhai, which ranks 8th in the country. Almost all these managers are in Hengqin.

As of September, preferential policies of Hengqin New Area had attracted 7,000 financial enterprises, of which more than 3,000 are Macao-invested.

In recent years, Zhuhai has steadily boosted equity investment. Founded in 2017, the Zhuhai Development & Investment Fund, with an initial 10 billion yuan ($1.5 billion) and volume of 100 billion yuan ($15 billion), was among the Top 30 China's Best Government Guidance Funds for two consecutive years and ranked first among guidance funds of prefecture-level city governments in 2018.

In addition, the city established stereo industrial and angel funds as well as venture capital investment systems covering municipal and district governments and State-owned enterprises. 

The China Venture Capital & Private Equity Annual Report -- a barometer of the domestic investment sector -- was released Tuesday. The annual ranking of investment institutions -- known as the "Oscar" of the investment circle -- will be revealed Oct 15.

The most influential of its kind in the Chinese equity investment sectors, the forum has been held over 19 years. It moved to Zhuhai for the first time as the cutting-edge science and technology in the city has long been favored by the equity investment community and will continue to be a focus in the next-round of financing.

The forum is hosted by Zero2IPO Group, PEdaily.cn, and Huafa Group with support from the Zhuhai Municipal People's Government.