Alan Song
宋向前
Alan Song (宋向前) is the founding partner and chairman of Harvest Capital (加华资本) . He became a prominent voice in China's investment landscape in 2023, when 暗涌Waves described him as perhaps the most expressive and prolific primary-market investor of that year . In October 2023, he publicly challenged the business model of Micro Connect (滴灌通), arguing in two lengthy social media posts that its claimed "neither equity nor debt" structure was in essence lending . His broader investment stance, as conveyed in multiple media interviews that year, emphasizes that consumer and technology sectors are not binary opposites and pushes back against what he sees as overheated tech investment amid neglected consumer opportunities .
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Coverage
Looking Back at 2023: The World Has Really Changed
These people and events reshaped 2023 — and will shape the years ahead.
暗涌Waves·A Conversation with Xiangqian Song: Back to the Fields of Hope
A primary market — and even the broader business world — governed by systems and entrenched beliefs often speaks with just one voice.
暗涌Waves·Drip Capital Under Scrutiny: Is This a True-or-False Question, or a Multiple Choice?
A Cure or a Poison for Equity Investment?
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