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Special Report: The princeling of private equity

The logo of Boyu Capital is seen at the company's office in Hong Kong in this December 11, 2013 file photo. REUTERS/Tyrone Siu/Files

The logo of Boyu Capital is seen at the company's office in Hong Kong in this December 11, 2013 file photo. REUTERS/Tyrone Siu/Files

The logo of Boyu Capital is seen at the company's office in Hong Kong in this December 11, 2013 file photo. REUTERS/Tyrone Siu/Files
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China Cinda Asset Management Co Ltd Chairman Hou Jianhang poses before attending an investors' luncheon in Hong Kong in this November 25, 2013 file photo. REUTERS/Bobby Yip/Files

China Cinda Asset Management Co Ltd Chairman Hou Jianhang poses before attending an investors' luncheon in Hong Kong in this November 25, 2013 file photo. REUTERS/Bobby Yip/Files

China Cinda Asset Management Co Ltd Chairman Hou Jianhang poses before attending an investors' luncheon in Hong Kong in this November 25, 2013 file photo. REUTERS/Bobby Yip/Files
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Mary Ma, former Chief Financial Officer of Lenovo, attends a news conference in Hong Kong in this May 23, 2007 file photo. REUTERS/Paul Yeung/Files

Mary Ma, former Chief Financial Officer of Lenovo, attends a news conference in Hong Kong in this May 23, 2007 file photo. REUTERS/Paul Yeung/Files

Mary Ma, former Chief Financial Officer of Lenovo, attends a news conference in Hong Kong in this May 23, 2007 file photo. REUTERS/Paul Yeung/Files
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China Cinda Asset Management Co Ltd's Vice President Gu Jianguo, Vice President Xu Zhichao, Chairman Hou Jianhang, President Zang Jianfan, Vice President Wu Songyun and Board Secretary Zhang Weidong (L-R) pose before attending an investors' luncheon in Hong Kong in this November 25, 2013 file photo. REUTERS/Bobby Yip/Files

China Cinda Asset Management Co Ltd's Vice President Gu Jianguo, Vice President Xu Zhichao, Chairman Hou Jianhang, President Zang Jianfan, Vice President Wu Songyun and Board Secretary Zhang Weidong (L-R) pose before attending an investors' luncheon...more

China Cinda Asset Management Co Ltd's Vice President Gu Jianguo, Vice President Xu Zhichao, Chairman Hou Jianhang, President Zang Jianfan, Vice President Wu Songyun and Board Secretary Zhang Weidong (L-R) pose before attending an investors' luncheon in Hong Kong in this November 25, 2013 file photo. REUTERS/Bobby Yip/Files
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Jack Ma, chairman of China's largest e-commerce firm Alibaba Group, attends a corporate event at the company's headquarters on the outskirts of Hangzhou, Zhejiang province in this April 23, 2013 file photo. REUTERS/Carlos Barria/Files

Jack Ma, chairman of China's largest e-commerce firm Alibaba Group, attends a corporate event at the company's headquarters on the outskirts of Hangzhou, Zhejiang province in this April 23, 2013 file photo. REUTERS/Carlos Barria/Files

Jack Ma, chairman of China's largest e-commerce firm Alibaba Group, attends a corporate event at the company's headquarters on the outskirts of Hangzhou, Zhejiang province in this April 23, 2013 file photo. REUTERS/Carlos Barria/Files
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China's President Xi Jinping waits to greet Cuba's First Vice President of the Council of State Miguel Diaz-Canel at the Great Hall of the People in Beijing in this June 18, 2013 file photo. REUTERS/Ed Jones/Pool/Files

China's President Xi Jinping waits to greet Cuba's First Vice President of the Council of State Miguel Diaz-Canel at the Great Hall of the People in Beijing in this June 18, 2013 file photo. REUTERS/Ed Jones/Pool/Files

China's President Xi Jinping waits to greet Cuba's First Vice President of the Council of State Miguel Diaz-Canel at the Great Hall of the People in Beijing in this June 18, 2013 file photo. REUTERS/Ed Jones/Pool/Files
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China's former President Jiang Zemin looks up as then President Hu Jintao gives a speech during the opening ceremony of the 18th National Congress of the Communist Party of China at the Great Hall of the People in Beijing, in this November 8, 2012 file photo. REUTERS/Jason Lee/Files

China's former President Jiang Zemin looks up as then President Hu Jintao gives a speech during the opening ceremony of the 18th National Congress of the Communist Party of China at the Great Hall of the People in Beijing, in this November 8, 2012...more

China's former President Jiang Zemin looks up as then President Hu Jintao gives a speech during the opening ceremony of the 18th National Congress of the Communist Party of China at the Great Hall of the People in Beijing, in this November 8, 2012 file photo. REUTERS/Jason Lee/Files
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The logo of Boyu Capital is seen at the company's office in Hong Kong in this December 11, 2013 file photo. REUTERS/Tyrone Siu/Files

The logo of Boyu Capital is seen at the company's office in Hong Kong in this December 11, 2013 file photo. REUTERS/Tyrone Siu/Files

The logo of Boyu Capital is seen at the company's office in Hong Kong in this December 11, 2013 file photo. REUTERS/Tyrone Siu/Files
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A traveller looks up as he walks past a Sunrise Duty Free shop at Beijing International Airport, March 14, 2014. REUTERS/Koh Gui Qing

A traveller looks up as he walks past a Sunrise Duty Free shop at Beijing International Airport, March 14, 2014. REUTERS/Koh Gui Qing

A traveller looks up as he walks past a Sunrise Duty Free shop at Beijing International Airport, March 14, 2014. REUTERS/Koh Gui Qing
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An employee walks past a logo of Alibaba Group at its headquarters on the outskirts of Hangzhou, Zhejiang province, in this May 17, 2010 file photo. REUTERS/Stringer

An employee walks past a logo of Alibaba Group at its headquarters on the outskirts of Hangzhou, Zhejiang province, in this May 17, 2010 file photo. REUTERS/Stringer

An employee walks past a logo of Alibaba Group at its headquarters on the outskirts of Hangzhou, Zhejiang province, in this May 17, 2010 file photo. REUTERS/Stringer
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