CNBC’s The China Connection newsletter: Venture capitalist who spotted Pop Mart early reveals his China playbook
Black Ant Capital has focused solely on China’s consumer landscape and quietly backed some of China’s most talked-about consumer plays: Pop Mart, Laopu Gold and BusyMing.
David He, founding partner of BA Capital, told me that China’s consumer story is far from over — it’s simply changing and getting more interesting for those who know where to look.
There’s a growing fascination with products inspired by Chinese culture, alongside rising interest in self-care and emotional well-being, said He.
