Cherry Picker

- —Kenrick Cai

“A lot of the time, [companies] don’t actually need to raise a lot of money,” says Leung, the Hong Kong–based head of health-care investment­s for Qiming Venture Partners. So she weeds out entreprene­urs “who want to make a quick buck” and instead picks early-stage firms with long-term vision. That strategy has paid off with a trio of recent IPOs, including that of Chinese vaccine maker CanSino.

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