ByteDance Billionaire’s VC Firm Sets Up Shop in Marquee HK Tower
- Cool River takes office space in IFC II in heart of the city
- Zhang Yiming is among China’s best-known tech entrepreneurs
Zhang Yiming
Photographer: Gilles Sabrie/BloombergThis article is for subscribers only.
ByteDance Ltd. co-founder Zhang Yiming’s five-month-old venture capital firm has leased space in one of Hong Kong’s most recognizable skyscrapers, joining an influx of Chinese financial houses into the Asian city.
Cool River Venture HK Ltd., an investment company Zhang set up in May, has taken two suites on the 21st floor of Two International Finance Centre, according to a filing with Hong Kong’s Land Registry. The fund will share the floor with CTBC Bank Co., a Taiwan lender.