John Zhao
Bobby Yip/Reuters/Newscom
China
2019

Hony Capital

John
Zhao

Chairman / CEO

A veteran investor with $10 billion under management through Hony Capital, Zhao this year claimed that China has “the best digital infrastructure in the world for a sizable economy.” But as a veteran of the Davos and RISE conference circuits, he also knows that China’s tech prowess is not viewed comfortably in Washington. Hony has backed tech firms such as Lenovo but also put money into entertainment as China’s changing economy swings from manufacturing for export toward a consumption-led mix driven by tech and leisure. Film and TV studio Linmon Pictures, Korean VFX player Dexter and Hollywood’s STX Entertainment, which suspended its plans for a late-2018 IPO, are among his portfolio investments — as is restaurant chain Pizza Express. 
 

Career

  • Hony Capital
  • Lenovo Group
  • Legend Holdings

Education

  • Northwestern University (IL, USA)
  • Northern Illinois University (IL, USA)
  • Nanjing University (China)

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
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Hong Kong's I-Cable Seeks $88 Million for Content and Restructuring

Hong Kong's I-Cable Seeks $88 Million for Content and Restructuring

Hong Kong’s cable network provider i-Cable Communications has unveiled an $88 million (HK$692 million) share issue. It is intended to restructure the company and invest in new content.The share issue is structured as a 1-for-1 rights issue, with new shares offered at HK$0.109, a 38% discount to the last stock trade on Friday. I-Cable shares sank to HK$0.126 on Monday. They fell a further 4.6% on Tuesday to HK$0.12.The move is the first external fund-raising exercise since the loss-making company...

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