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QDM International
Huihe Zheng's QDM International is a publicly traded insurance distributor operating from Hong Kong after multiple business-model pivots.
QDM International
QDM International was incorporated in Florida in 1999 and later re-domiciled to Hong Kong, though its operational history is one of serial reinvention. The entity originally operated as an insurance brokerage in China before pivoting to acquiring life insurance policies in the United States. In recent years, the firm has reoriented again, now acting as an insurance distribution and service company with operations anchored in Hong Kong. CEO Huihe Zheng and CFO Timothy Shannon publicly lead the firm, though its thin profile reflects a corporate history marked more by structural pivots than sustained scale. The company's current strategy centers on selling and distributing life and non-life insurance products, largely within Hong Kong and mainland China. Unlike a traditional family office or venture firm, QDM operates as a publicly listed holding company whose revenue derives from insurance commissions and distribution agreements rather than management fees or carried interest. The firm does not disclose a classic multi-asset-class deployment model; instead, it functions as an operating business within the insurance value chain. Its geographic focus remains on Greater China, but the firm's SEC filings confirm its corporate shell structure bridges both US and Hong Kong regulatory spheres. Team size and assets under management are not disclosed, and the firm maintains no adjacent vehicles such as philanthropic foundations, co-investor clubs, or real-asset arms. As of early 2025, the firm has not publicly announced new product lines, major distribution partnerships, or capital raises beyond standard regulatory filings. The stock trades over-the-counter in the United States, and its market capitalization remains a microcap figure. This lean public profile defines QDM more than any curated brand presence. QDM's structural differentiator is its identity as a publicly traded insurance distribution company that has repeatedly shifted operational jurisdictions and business models — from China brokerage to US life settlements to Hong Kong distribution. That agility, or instability, depending on perspective, sets it apart from the stable single-family offices and private investment firms that typically populate allocator databases. The firm's governance is tied to its status as a US-registered but Hong Kong-based public company, a dual-regulatory posture that shapes its reporting, capital access, and strategic options.
General information
Firm type
Asset Manager
Year founded
1999
AUM
Undisclosed
Location
Region
Asia
Country
Hong Kong
City
Tsim Sha Tsui
Corporate office
Tsim Sha Tsui, Kowloon, Hong Kong
Principals
Huihe Zheng
CEO
Timothy Shannon
CFO
Sector focus
Frequently asked questions
Is QDM International a family office or an insurance company?
QDM International is not a family office. It is a publicly traded holding company whose operating business centers on insurance distribution and services in Hong Kong and China. The firm does not manage third-party capital or family wealth in the traditional allocator sense. Its revenue comes from insurance commissions rather than management fees.
Where does QDM International generate its revenue?
The company generates revenue primarily through insurance brokerage and distribution activities in Hong Kong and mainland China. Its product range includes both life and non-life insurance policies. The firm does not disclose granular financials on each product line beyond what appears in periodic SEC filings.
On what exchange does QDM International trade?
QDM International trades on the OTC Markets Group in the United States under the ticker QDMID. It files periodic reports with the SEC despite being headquartered in Hong Kong. Historically, the stock has operated in the microcap segment with limited liquidity.
Who controls QDM International?
Public filings identify Huihe Zheng as the Chief Executive Officer and a director of the company. Timothy Shannon serves as Chief Financial Officer. Because the firm is publicly traded, ownership concentration and control by a single family or individual can shift, and the firm's small size means even modest changes in shareholding can alter control dynamics.
What was QDM International's business before insurance distribution?
The corporate entity has undergone multiple transformations. It previously operated as an insurance brokerage in China and, at a different point, pivoted to acquiring life settlement policies in the United States. These shifts are documented in the company's own SEC filings, which trace the entity's business-model reconfigurations from Florida-based incorporation to its current Hong Kong focus.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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