Mingpo Cai

Mingpo Cai is the founder and chairman of Cathay Capital, a China-France cross-border fund established in 2006 . As described in a 2022 暗涌Waves profile, he recruited Arthur Yeung as global president to build a more sustainable management system as the firm scaled . More recently, in May 2025, Cai framed AI as "the infrastructure of a new industrial era" rather than an isolated tech trend, emphasizing that reshaping industries requires structural cognition, industrial application scenarios, and cross-border execution capability . Under his leadership, Cathay Capital has expanded across the full investment chain with representative portfolio companies including Pinduoduo, JD Logistics, and Chime , and closed its third innovation fund at $1 billion focused on AI applications in digital healthcare, fintech, consumer, and mobility-energy sectors .