Li Xiaopeng Meets with Co-founder and Chairman of TPG Capital

2016-11-14

On November 14, 2016 local time, CMG President Li Xiaopeng met in Hong Kong with David Bonderman, Co-founder and Chairman of TPG Capital, discussing potential investment cooperation areas. CMG Director Li Yinquan attended the meeting.


Li Xiaopeng first welcomed the visit of TPG that is a global leading investment enterprise. Li then gave information about the history and business sectors of China Merchants Group. He said CMG was founded in self-strengthening movement and currently performs robust in transport, real estate and finance. David Bonderman said TPG had nearly 25-year history whose asset scale would reach to 100 billion dollars in the following year. TPG mainly covers Private Equity in health industry, then finance and also software, media, telecommunication and etc.. Li Xiaopeng spoke highly of the prospective vision in investment products. There are huge potential areas for cooperation, especially in PE, Industry Funds, and "Go-global" projects.

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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