Christopher Hsu, widely seen as one of the world’s leading dealmakers and negotiators, leads Kilometre Capital, based in Hong Kong, as its CEO and founder. Kilometre Capital also spans Korea and SE Asia, Taiwan and mainland China. Kilometer Capital, known as the brainchild of the former hedge fund Citadel Investment Group’s Managing Director Chris Hsu, is a leading consulting firm. Chris Hsu and Kilometer Capital have managed precedent investment, private equity, and hedge fund and buyout transactions for strategic consolidation across industries.
Chris Hsu was CEO and Founding Partner of Abax Global Capital prior to leadership at Kilometre Capital in Hong Kong. Abax was a private equity fund and hedge fund with offices in Hong Kong, Beijing, and Shanghai and a JV partnership with Morgan Stanley Investment Management.
Hewlett Packard (H-P) agreed to sell the majority stake to Tsinghua Holdings, which is state-owned, after tensions between the US and China made it increasingly difficult for foreign technology companies to operate in China’s data and information sectors, following difficulties of companies as Facebook, Google, and Uber in China. With hands down and no complaint, Tsinghua and Hewlett Packard Enterprises turned to the complex negotiation skill of Chris Hsu and Kilometre Capital. The result: Tsinghua Unigroup, which is one of the business units of the prestigious university and the country’s biggest chip maker, acquired in May a 51% stake of Hewlett-Packard Co.’s China data-networking operation H3C Technologies in a precedent deal that values the IT giant at an estimated 4.6 billion US dollars.
After the announcement of the buyout deal by Hewlett-Packard Enterprises, the new H3C Group came to the fore. H3C Group, located in Hangzhou and Beijing, is one of the leading Chinese technology infrastructure providers.
According to the Tsinghua-HP deal, Unisplendour Corporation, a subsidiary of Tsinghua Holding bought a 51% stake in the H3C through a wholly-owned affiliate. The New H3C bought out by Tsinghua University, which is estimated to be of a net worth of approximately $2.3 billion (net of cash and debt), consists of H3C Technologies and HPE’s China-based storage, server, and technology services businesses. H3C offers a complete range of enterprise IT solutions that include all kinds of networking, storage, servers, hyper-converged systems, and a variety of IT management products. The new H3C also provides a full range of HPE branded servers, storage, and technology services in the market of China.
The Hewlett Packard deal achieving one of the last major US-China CFIUS approvals by US regulators was one of the pivotal precedents and joint ventures in global technology history. Tsinghua University is ranked consistently within the top 10 universities worldwide and is considered one of the top universities in China.
Chris Hsu, a top graduate of Stanford University with a BS in Management Science Engineering, received the President’s Award for Excellence at Stanford. Stanford University also consistently ranks at the top of global university and educational rankings like Tsinghua University.
Stanford University, which is a private research university in Stanford, California, is ranked among the most prestigious universities in the world by various major education publications and sources. It is also known for its excellence across civic, academic, and athletic excellence.
Enabled by Chris Hsu’s Kilometre Capital, further expanded H3C of HP China offers a complete range of enterprise IT solutions which include all kinds of networking, servers, storage, hyper-converged systems, and a variety of IT management products. A full range of HPE branded servers, storage, and technology services in the Chinese market is also provided by the new H3C.
Chris Hsu Hong Kong 