BHR (Shanghai) Equity Investment Fund Management Company has repeatedly declined to elaborate on Hunter Biden’s role at the firm. Photo: AP

Hunter Biden’s China investment firm is small fish in China’s private equity pond

  • Chinese-backed firm linked to former US vice-president Joe Biden’s son is a small player in China’s private equity market
  • Filings show the company shifted focus to yuan investments in China soon after it started because of capital account controls imposed by Beijing
Topic |   US-China relations

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BHR (Shanghai) Equity Investment Fund Management Company has repeatedly declined to elaborate on Hunter Biden’s role at the firm. Photo: AP
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Cissy Zhou

Cissy Zhou

Cissy joined the SCMP in 2019. Prior to that, she has been a producer at BBC News and investigative reporter at CaiXin Media. She is interested in China's politics and economy.

Jun Mai

Jun Mai

Jun Mai is an award-winning journalist covering China's political and social news. He writes about China's elite politics, general policies and social activism. He is currently based in Beijing.