Hony Capital bucks China fears, talks up PE potential

One of China’s largest private equity firms, Hony Capital, has bucked fears voiced at a forum over China’s near-term prospects, pointing to “historical investment opportunities” as the nation develops a stable market economy. At a general meeting hosted by Hony Capital in Shenzhen yesterday, Zhou Qiren, a professor at Beijing University, described over-capacity in the consumer sector combined with declining exports as a very serious problem. He noted that this over-capacity had …