Meet Your Next Investor Onlien - Wally Wang @ Fosun RZ
5:00pm Welcome and Opening
5:05pm Wally Wang @ Fosun RZ
"How Will the New Infrastructure & Medical Fields Leverage Industrial Capital after Pandemic?"
Fosun was founded in 1992. Fosun International Limited is an innovation-driven consumer group that has been listed on the main board of the Hong Kong Stock Exchange (00656.HK) since 2007, with total assets over RMB715.7 billion (c.US$102.6 billion) as of 31 December 2019 and total revenue of RMB143.0 billion (c.US$20.7 billion) in 2019. Fosun's mission is to provide high-quality products and services for families around the world in health, happiness and wealth segments. Fosun International ranks No.416 on the 2019 Forbes Global 2000 List.
Major portfolio companies include:
Health Ecosystem: Fosun Pharma, Sinopharm, Fosun United Health Insurance, Portugal’s hospital chain Luz Saúde, and one of the largest Indian pharmaceutical companies Gland Pharma;
Happiness Ecosystem: One of the world’s largest leisure vacation chains Club Med, Atlantis Sanya, Yuyuan Inc., and the premium Israeli Dead Sea mineral skincare brand AHAVA;
Wealth Ecosystem: Portugal’s largest insurance company Fidelidade, Portugal’s largest listed bank Banco Comercial Português (BCP), the German renowned private bank Hauck & Aufhäuser (H&A), Hong Kong-based Peak Reinsurance and Mybank.
About Wally Wang:
Wally manages M&A and strategic investment for Fosun, A Global Fortune 500 with $100bn AUM, in U.S., Europe and Israel. Prior to Fosun, Wally co-founded an AI cybersecurity company backed by top VCs and joined Plug and Play accelerator. Before that, Wally led a world leading AI company: DataVisor’s Asia expansion. He also helped wearable tech brand Misfit enter Asia and successfully got acquired at $260 million. Wally started his career in Silicon Valley as the founding data scientist at Y Combinator backed Pebble Watch and also worked a stint at Microsoft Bing Ads. He was a Venture Partner at China Growth Capital investing in the U.S. including AppZen and Qventus. Wally holds BEng from Tsinghua University and studied his PhD at NYU Stern Business School. He was also a visiting scholar at Carnegie Mellon University. He serves as the advisor at Alchemist Accelerator, Berkeley SkyDeck and Stanford StartX.