FEATURED · MARKETS Why buyout funds, not IPOs, may define China’s next capital market cycle: Zhang Yichen
July 19, 2026 1 min read
MARKETS

Why buyout funds, not IPOs, may define China’s next capital market cycle: Zhang Yichen

Source: SCMP — Business & Markets

PUBLISHED
July 19, 2026
CATEGORY
SC
SCMP — Business & Markets
eChina Team
1

Zhang Yichen is chairman and CEO of Citic Capital Holdings, one of the leading players in China’s capital market, and the chairman of Trustar Capital. He heads several companies, including the McDonald’s master franchise business in mainland China and Hong Kong, as well as Harbin Pharmaceutical Group. He also sits on the board of the Hong Kong Exchanges and Clearing (HKEX) as an independent non-executive director. In this interview, conducted during the “two sessions” – the annual meetings of…

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