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VC and PE funds have been proliferating in China as both domestic and global players set their sights on the country’s booming digital and middle class consumers. But are too many funds chasing too few good opportunities? Where are the most promising investment opportunities and why? Hany Nada of GGV Capital, Fang Fang, of JP Morgan Investment Banking, Xu Xiaoping of ZhenFund, and Hans Tung (BS ’93) of Qiming Ventures gathered together at the 2012 China 2.0 Conference to share their insights. The session was moderated by David Chao (MBA ’93) of DCM.