FILE PHOTO: Bob Xu Xiaoping (R), Chinese delegation head and founder of the ZhenFund seed fund and New Oriental Education & Technology Group, listens to Israeli high-tech firm ironSource's CEO Tomer Bar Zeev during a presentation at the company's offices in Tel Aviv April 28, 2014. REUTERS/Nir Elias/File Photo
HONG KONG: ZhenFund, China's largest angel investment fund, is betting rising spending by young consumers in the country on everything from fitness products and healthy food to designer furniture will create good investment opportunities amid a broader economic slowdown.
The fund, which invests in early stage startups in the country, also sees digital entertainment, including live video streaming and virtual reality, as good growth areas, chief executive Anna Fang told Reuters.
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