The Peng Dynasty

In March of 2013, Liyuan Peng, appeared before the media spotlight for the first time as China’s new first lady. While she is a well-known folk singer, she used her new role to signal support for China’s continued drive toward domestic innovation and consumption – through fashion. Peng’s outfits were simple and elegant, and rather […]

PE Firms to Go ‘Ga-Ga’ For Kid-Focused Deals in China

By Sonja Cheung Private equity firms in China invested in baby or child-related companies received their Christmas present early this year, after the government announced it would ease its notorious one-child policy. The change in policy is a bid to boost the country’s ailing birth rate, and help balance out China’s aging population. Share prices […]

PEdaily Profiles YR Cheng

PEdaily, a domestic Chinese PE database and news source, recently published a profile on Lunar Capital partner YR Cheng. For the complete article (in Chinese), please click here.

Derek Sulger: the Expansion of Middle Class in China

During an interview by PEDaily, a leading web portal in the venture capital and private equity industry in China, Derek Sulger shared his insight on the investment opportunities brought by txpansion of middle class in China.   For more, please click here.

E-Commerce in China – An Update

Recently, we opined on the challenges for e-commerce in China, particularly with regards to trust, privacy, payments and logistics. We noted the distinctive characteristics of the Chinese e-commerce ecosystem, credited online platforms for providing convenience and choice, but expressed concerns regarding profitability. A year has passed and despite superlative growth in volumes, profitability remains unclear […]

Burgeoning Bourgeois

The Chinese government has delivered on its promise of creating wealth for the masses, giving consumers purchasing power unimaginable even a decade ago. A recent study by McKinsey stated that the number of upper-middle class households with income between RMB 106,000 and RMB 229,000, has grown from 6% of urban household in 2010 to 14% […]

Italian Luxury Childrenswear Brand Opens First Chinese Store in Shanghai

On September 18, 2013, I Pinco Pallino opened its first store in Shanghai's fashionable lifestyle landmark SOGO. Chinese consumers can closely experience the beauty and elegance of the Italian Luxury kiswear brand I Pinco Pallino. Over the next two months, I Pinco Pallino plans to set up the brand's flagship stores in Beijing and Senyang […]

Shopping with Billions

Chinese are going shopping with export-accumulated wealth again. This time the target is more aspirational. Rather than Louis Vuitton bags and Prada shoes, they are putting part of the USD 3.5 trillion in foreign reserves to work by acquiring billion-dollar companies. China’s appetite is growing for large, established foreign companies. Unlike Japan’s 1980s-era acquisition of […]

Invest in China’s Consumers, says PE veteran

Amid a slowdown in China’s economy, the consumer sector remains relatively buoyant with Nielsen’s consumer sentiment index in Q2 2013 rising two index points to 110 from the previous quarter, and up four points from same period last year. Lunar Capital founder and managing director Derek Sulger, who is based in Shanghai, spoke to AsianInvestor […]