Open Door Capital was founded
in 2011 by Ke Shifeng and his business partner. We are veteran investors in Greater China and possess considerable experience and expertise with Greater
China equities, having worked together since 1997. All our fund managers and
analysts are fluent in Chinese and based on-the-ground in Shanghai.
We have "early-mover" advantage investing in highly inefficient
Chinese markets. In 1997, we were the first foreign investor to access the
A-share market by setting up a swap arrangement with China Securities.
When the A-share market officially opened up to foreign investors in 2002, our
five-year track record allowed us to be the first foreign company to set up a
specialist A-share fund, as an anchor tenant in the Qualified Foreign Investor
(QFI) quota of UBS, the first investment bank to be approved for QFI.
In 2007, when the A-share market topped 6,000, we were the first QFI investors
to buy renminbi-denominated corporate bonds to protect client assets.
We were also early to spot the scale of the opportunity offered by the development
of China's healthcare industry and set up our first healthcare fund in
2008.
In 2015, we also started to advise on our first
RMB-denominated fund on behalf of local wealth manager Noah. The "Greater
China Through Train Fund" helps domestic Chinese investors access offshore
markets using the newly opened Hong Kong-Shanghai and Hong Kong-Shenzhen stock connect programs.
Firm History