China's Vision Plus Capital looks to raise two USD funds, show SEC filings

China's Vision Plus Capital looks to raise two USD funds, show SEC filings

U.S. 100 dollar banknotes and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, January 21, 2016. REUTERS/Jason Lee

Vision Plus Capital, a Chinese venture capital (VC) firm created by Alibaba co-founder Eddie Wu, is in the market raising two US dollar funds despite most of its peers having put on hold their USD fundraising plans amid rising difficulties for domestic businesses to pursue a US listing.