Investment firm · Hong Kong / China

HSG (ex-Sequoia China)

Hong Kong skyline
Victoria Harbour, Hong Kong — Wikimedia Commons, CC BY-SA 4.0

About

HSG — the China investment platform that operated as Sequoia Capital China before the two firms formally separated in 2023 — is one of the largest and most established investors in Chinese technology companies.

APAC secondaries activity

HSG's continuation vehicle for its ByteDance stake, raising at a $350–370B valuation, is one of the largest GP-led secondaries tracked in the region — and a clear signal of the structure's growing use among China-focused managers.

See the ByteDance deal →

Frequently asked questions

Can I invest alongside HSG (ex-Sequoia China)?
Not directly through this site. Access to institutional funds like this typically requires being a qualified or accredited investor investing through the fund's own LP process, a feeder vehicle, or a secondary marketplace — this page is informational, not an offer.
Is HSG (ex-Sequoia China) affiliated with this website?
No. This profile is independent editorial coverage based on publicly reported deal activity, not sponsored or affiliated content.