HSG

HongShan (HSG) is a Beijing, China-based venture capital firm that invests in exceptional entrepreneurs across technology, consumer, and healthcare sectors from seed to growth stages. The firm partners long-term with founders to build enduring companies, leveraging global perspective and local expertise primarily in China, with activity extending to Singapore, the United States, Indonesia, Vietnam, and India. HongShan rebranded in 2023 after becoming independent from Sequoia Capital China, marking a strategic evolution in its operational structure. Its leadership includes founding and managing partner Neil Shen, who was ranked #1 on Forbes Midas List in 2023, alongside partners Steven Ji and Trency Gu. The firm actively raises funds to support its diverse investment thesis across its target markets. HongShan was co-founded by Neil Shen and Zhang Fan in 2005.