China-focused VC firm H Capital looks to raise $700m for seventh fund

China-focused VC firm H Capital looks to raise $700m for seventh fund

A clerk counts Chinese yuan and U.S. dollar banknotes at a branch of Bank of China in Taiyuan

H Capital, the China-focused venture capital firm launched by former Tiger Global partner Chen Xiaohong, is looking at raising $700 million for its seventh VC fund, according to its US SEC filing.