Tongkong Investment Group chairman Zhang Baoguo is a veteran of China’s private equity and real estate fund industry. During a career that has spanned more than a decade, he has helped more than 30 mainland companies become publically listed. In 2009 he formed Tongkong Investment.
China’s property market has surged in recent years. After prices jumped 25 per cent in 2009 alone, the central government imposed austerity measures, including lending curbs, higher mortgage rates and restrictions on the number of homes each family can buy.