Philip Leung, advisor at Fenox Venture Capital, was invited to a panel discussion on technology ecosystems and sustaining startup core competencies, which was organized by Deloitte China and supported by AAMA, China Merchants Group and Bank of China. The event was held at the St Regis Hotel in Shenzhen, China.
The event began with the presentation of awards to the 20 winning companies of Deloitte’s famed TechFast 20 contest. The 20 winning companies such as Xiu.com and 007Ka have an average 3-year CAGR growth rate of 277%. Most of these companies are in the Internet, computing, telecom, new energy and ecommerce business sectors. The second part of the event was a panel discussion focused on venture financing and issues related to IPO and other exit avenues. Participants included Liu Dongyun of the HK Stock Exchange, Wu Guanxiong of Tian Yuan Law Firm, Cheng Chi of Bank of China and Terence Zhang of Deloitte.
Further information about the event can be found here.