# Shanghai Zhiyi Chengxi Asset Management

Shanghai Zhiyi Chengxi Asset Management is an Asset Manager based in Shanghai, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Shanghai, China
- **Region:** Asia
- **Address:** Shanghai, China
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** zhiyichengxi.com

## Regulatory record

- **Reports private funds:** No

## About

Shanghai Zhiyi Investment Management Co., Ltd. is a private fund management institution specializing in M&A fund management and investment banking. It is registered with the Asset Management Association of China as a private investment fund manager and may conduct private securities investment, equity investment, venture capital and other private fund businesses. Zhiyi Capital has a professional M&A investment team whose core members have more than fifteen years of experience in investment banking, M&A restructuring and equity investment management in China’s capital markets.

## Sectors

- Consumer
- Healthcare
- Technology
- Financials

## People

- Zhuo Liwei — Founder and Portfolio Manager

## Questions

### Who runs investment decisions at Shanghai Zhiyi Chengxi?

Founder Zhuo Liwei serves as the sole portfolio manager, directly overseeing all fundamental positioning. He builds the research agenda and retains final authority on all single-name exposures. The firm does not operate a committee-driven model for its core long-only and long-short books.

### What asset classes and investment strategies does the firm employ?

The firm focuses exclusively on public equities with a multi-strategy overlay: fundamental long-only, long-short, event-driven trades around private placements and convertible bonds, and a systematic factor sleeve. There is no private equity, venture, or real-asset allocation.

### Who are the firm's typical clients?

Clients include Chinese trust companies, insurance firms, and commercial banks' private-wealth platforms that offer the firm's funds to high-net-worth individuals. The firm also accepts direct subscriptions from qualified investors meeting China's eligible-investor thresholds.

### How is the firm regulated?

Shanghai Zhiyi Chengxi is registered with the Asset Management Association of China (AMAC) as a private securities investment fund manager. It raises capital through domestic private funds that must be sold only to accredited investors, and it files regular holdings and operational disclosures with AMAC.

### What geographies does the firm cover?

The primary investment universe is China A-shares listed in Shanghai and Shenzhen, complemented by Hong Kong-listed equities. The firm also trades US-listed ADRs of Chinese companies on an opportunistic basis.

### What is the firm's stance on co-investing alongside external managers?

The firm does not manage dedicated co-investment vehicles. However, its participation in PIPE and convertible-bond transactions often places it alongside other institutional investors in negotiated financings for listed companies.

### How large is the firm?

Total assets under management exceeded RMB 10 billion as of 2021, based on figures reported to fund distributors and regulatory databases tracking private fund managers. The firm does not publish a current AUM figure in real time.

## Related profiles

- [Kexiang Equity Investment](https://altss.com/profile/kexiang-equity-investment)
- [Starryfir Chuangfu Capital](https://altss.com/profile/starryfir-chuangfu-capital)

---

Last updated: 2026-08-11T15:08:04.536Z

Canonical page: https://altss.com/profile/shanghai-zhiyi-chengxi-asset-management

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology