Chinese VC Xiang He Capital in the market to raise third USD fund

Chinese VC Xiang He Capital in the market to raise third USD fund

Commercial buildings including the China Central Television (CCTV) Headquarters, center, stand in the central business district of Beijing. Photographer: Tomohiro Ohsumi/Bloomberg

Chinese venture capital firm Xiang He Capital has hit the market to raise its third USD-denominated fund, its filing with the US Securities and Exchange Commission (SEC) showed.