Sequoia’s former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls (Financial Times)

Financial Times:
Sequoia’s former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls  —  Neil Shen’s HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls