Thomson ReutersApril 14, 2014 01:27
By Matthew Miller
BEIJING (Reuters) - Hony Capital, the private-equity firm backed by Legend Holdings, is likely to deploy more capital in China's state-owned manufacturing and healthcare sectors as Beijing seeks to further restructure its government-owned companies.
"This is a fabulous opportunity," said John Zhao, Hony Capital's founder and chief executive, in a recent interview. "We've accumulated a lot of strengths, experience and scars."