As the managing partner of China Qiming Ventures Partners in Beijing, Tung focuses on Internet and consumer investments.

FORBES: New Midas Lister Hans Tung On The Next Big Idea In China After Xiaomi

With both dollar and yuan funds now, Qiming has more flexibility to invest in healthcare, one of its areas of expertise.

FORBES: China's New RMB Funds Look Too Hot

Hans Tung, managing partner at Qiming Ventures Partners, ranked No. 100.

FORBES: Chinese VCs On Midas List Upbeat Despite Slow Growth Fears

Qiming has plenty of company on the new China fund front.

FORBES: Venture Funds Rush To China: Do That Victory Lap Soon!

Picking up the pace on the exit front, Qiming took content delivery network China Cache public in the last quarter of 2010 and online dating site Jiayuan this May, though neither have scored blockbuster IPOs.

FORBES: Venture Funds Rush To China: Do That Victory Lap Soon!

Qiming Ventures has five Chinese portfolio companies in the cue to go public soon: ramped up car rental service eHi from Shanghai, dating site Jiayuan, online video programming PPLive, social networking service Kaixin001 and kids entertainment site Taomee.

FORBES: Just How Hot Is China Venture? Very!

Weighing the risks and the opportunities, such stalwart firms as GSR Ventures, Northern Light Venture Capital, Qiming Venture Partners and DCM are plunging ahead with increased resources, not giving up on funding Chinese startups and the possibility of home run returns.

FORBES: China deals, funds still strong despite new reality: ask Ushi, NLVC