The biggest winner from the recent NYSE listing of China's ZTO Express must be early investor Sequoia Capital China, which earned a reported return in the billion dollar range.  

Sequoia partner Xing Liu said the venture firm made three investments since 2013 totaling under $1 million and had a pre-IPO share of 7.2% in ZTO. 

The IPO raised $1.4 billion to rank as the biggest public offering in the U.S. this year and second to Alibaba as largest U.S. IPO for a China-based company. ZTO counts as the 5th Chinese firm to go public in New York this year, as U.S. listings from China pick up.

 Interestingly, Liu is also the Sequoia partner behind the firms' investment in a second Chinese company, English language learning app 51 Talk, which went public in New York in January.

  Read Forbes post:  Sequoia Strikes Again

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Sequoia Capital China is making a $51.7 million strategic investment in the asset management business of Noah's holdings of Chinese alternative asset manager Gopher.

Initialized Capital, a $115 million venture fund in Silicon Valley investing in early-stage companies, gains a new partner, Techcrunch contributor Kim-Mai Cutler. She joins Initialized's founder Garry Tan, a partner at Y Combinator for five years, and Reddit co-founder Alexis Ohanian.

HTC's Vive is giving guests at the InterContinental Hotels in China a sample of its VR experiences and entertainment. Guests can also try VR headsets in their rooms.

Xiaomi is launching its new phone, Mi Note 2, with an edgeless screen and top-notch security features.

INDIA
Fintech startup KredX in Bangalore has raised $6 million in a Series A investment by Sequoia Capital India and Prime Venture Partners. KredX runs an invoice discounting platform for small businesses that helps them raise capital against unpaid invoices.

  

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