Lei Zhang
张磊
Lei Zhang is a member of Hillhouse Capital , the firm founded by Zhang Lei (张磊). In elsewhere's coverage, he surfaces in the context of Hillhouse's investment dynamics — notably, the speculation that Hillhouse would participate in DeepSeek's financing round, with reports initially suggesting the firm might invest 5 billion RMB and that Zhang Lei had cultivated a relationship with DeepSeek founder Liang Wenfeng since 2025. Ultimately, neither Hillhouse nor Zhang Lei personally appeared on DeepSeek's cap table, a miss that prompted industry discussion about whether DeepSeek could become Hillhouse's biggest miss alongside Sequoia China . Elsewhere's corpus does not contain additional biographical or professional details about Lei Zhang specifically — the bundle's coverage centers on Hillhouse as a firm and its investment decisions rather than on him as an individual.
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Coverage
Wanwu Capital | Z News
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How many towers and terraces in the misty rain.
Source Code Capital portfolio company Yijiupi raises $100 million in D+ round, bringing total Series D funding to over $300 million
The FMCG Super Industrial Chain Platform
The Gaorong Ventures Way: Know What to Do, Know What Not to Do
A matter of resolve.
Yi Cao Named to 2017 China Top Venture Capitalists TOP50
Jiemian and Toutiao jointly released the "Top Venture Capitalists in China" list for the first time.










