- CEO
- Craig Blaser Lindsay
- Full Time Employees
- 4
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- 20/F, CAI Building Hong Kong Hong Kong
- IPO Date
- Jan 6, 2011
- Business
- CAI Corp, formerly China New Economy Fund Limited (stock code: 0080.HK), operates as a closed-ended investment company primarily engaged in achieving long-term capital appreciation through a diversified portfolio of listed and unlisted securities; private equity investments; limited partnership funds; and open-ended funds focused on new economy sectors supported by the economies of Greater China, including low carbon energy, software, internet-related industries, innovation, advanced technology, and skilled labor-intensive enterprises. The company invests globally in both public equities, such as holdings in Hong Kong-listed companies, and private equities, with its portfolio as of June 30, 2025, comprising one listed investment, three private equity securities, one limited partnership fund (e.g., Goldstone 1 LPF), and one open-ended fund (e.g., SWK Dynamic OFC). Incorporated in the Cayman Islands on February 1, 2010, and listed on The Stock Exchange of Hong Kong Limited on January 6, 2011, the company maintains its principal place of business at 20/F, CAI Building, 54-58 Electric Road, Tin Hau, Hong Kong, with operations targeting professional investors in public equity and unlisted securities markets domiciled in the Cayman Islands.
In recent major developments, the company underwent a change in controlling shareholder following the close of a general offer by Longling Capital Ltd., a vehicle wholly owned by Mr. Cai Wensheng, in August 2025, positioning him as the new non-executive Chairman and indirect controlling shareholder; this prompted a proposed change of company name from China New Economy Fund Limited to CAI Corp with the dual foreign Chinese name CAI控股, subject to shareholder approval at an extraordinary general meeting on October 24, 2025, and Cayman Islands Registrar confirmation to reflect a refreshed corporate identity and support future business development. The board was refreshed in September 2025 with new appointments including Mr. Cai Wensheng as Chairman, alongside non-executive director Mr. Hong Yupeng and independent non-executive directors Ms. Hsieh Yafang and Mr. Li Jianbin, enhancing strategic oversight amid a medium- to long-term investment strategy in public and private equities. These changes coincide with portfolio resilience, including revenue of HK$10.03 thousand reported for the quarter ending June 29, 2025, and ongoing commitments to diversified holdings amid evolving market landscapes in Greater China-focused new economy sectors.