CEC Capital
易凯资本
CEC Capital (易凯资本) is an investment bank founded by Wang Ran, who serves as its founding partner . The firm was established 25 years ago — around 2000 — during the first internet boom, when its logo carried the tagline "ibanking the new economy" . Wang has remained a vocal commentator on China's primary market; at a June 2024 WAVES conference, he bluntly stated that "the biggest change in the primary market is that it basically no longer exists" . More recently, he has framed CEC Capital's forward-looking thesis around what he calls "the new economy of the future" — one built on AI and blockchain as foundational layers, with value creation shifting increasingly to human-machine and machine-machine interaction .
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Coverage
The New Economy of the Future
Born from AI and blockchain.
暗涌Waves·Countless Lies About M&A in China, and One Truth
All we hear are footsteps on the stairs, but no one ever comes down.
暗涌Waves·A VC Lesson from Tian Xuan
Thirty years, a journey of departures and returns.
暗涌Waves·Reviving China's Primary Market
Already dormant.
暗涌Waves·Huadong Wang: Small Companies, Short-Lived Companies, VC, and the Young People of the Future
Venture capital won't disappear, but it will look very different.
暗涌Waves·
