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Fang Fenglei Highlights AI and Investment Opportunities in China

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Story summary
  • Fang Fenglei discussed China’s investment opportunities, AI race, and diversification from U.S. dollar assets.
  • He co-founded China International Capital Corp with Morgan Stanley in the early 1990s.
  • As CEO of Bank of China International, he led Hong Kong listings of firms at the millennium’s start.
  • He currently serves as chairman of Hopu Investments.
  • He cited Starbucks’ 60%-Boyu Capital, 40%-Starbucks joint venture, with Starbucks retaining IP rights.