LONDON (AFP) - Zhang Zhizhen, the first Chinese man in the Open era to qualify for Wimbledon, exited in the first round on Tuesday (June 29) losing to Frenchman Antoine Hoang in a thrilling five-set match 4-6, 7-6 (7/5), 6-7 (5/7), 6-3, 6-2. Zhang, 24, twice led in the match but each time his fellow qualifier - ranked 156 and 19 places higher than his opponent - fought back to level. Zhang did not have the best of starts with Hoang breaking his first service game but he broke back midway through the first set and drew level at 4-4. Zhang had built up a head of steam as he settled into the unfamiliar surroundings of a main draw match at Wimbledon and broke Hoang again before sealing the set on his service. A very tight second set went to a tie-break which Hoang took (7/5) to level the match. Hoang broke Zhang in the first game of the third set but once again the Chinese player hung in there and broke back for 3-3. That set also went to a tie-break with Zhang going two sets to one up after winning it 7/5. Hoang showed little sign of being disheartened and raced into a 3-0 lead in the fourth set before rain forced them off the court. Hoang's focus was not affected by several hours off court and he returned to take the match into the deciding set winning the fourth 6-3. The momentum seemed to have swung inexorably to the Frenchman as he broke early in the fifth to lead 3-1 and then broke Zhang again for 4-1 before sealing a second round clash with Sebastian Korda. More on this topic Related Story Tennis: Federer survives big scare as Mannarino retires injured Related Story Tennis: Fourth seed Zverev eases past qualifier Griekspoor
HONG KONG, May 19, 2021 - (ACN Newswire via SEAPRWire.com) - On May 18, Hermitage Capital announced that former J.P. Morgan investment banker Henry Zhang will be joining as the firm's President and Managing Partner.Mr. Sean Xiang, Founder of Hermitage Capital and Mr. Henry Zhang, President of Hermitage CapitalHenry Zhang has over a decade of investment banking experience and held various senior positions at bulge bracket investment banks including Executive Director of Investment Banking Division at J.P. Morgan, responsible for investment banking in China's transportation, logistics and enterprise technology sectors; Vice President and Operating Officer of China Investment Banking at Morgan Stanley; and Associate Director of Asia-Pacific Investment Banking Department at UBS. He has successfully led and participated in over 60 transactions with aggregate transaction value of over USD60 billion. Some of his landmark transactions include Meituan Dianping's USD4.2 billion Hong Kong IPO (the world's largest community e-commerce IPO ever), ZTO Express's USD1.4 billion U.S. IPO (the biggest U.S. IPO in 2016), and BOC Aviation's USD1.1 billion Hong Kong IPO (the world's biggest leasing IPO ever), and the RMB43.3 billion backdoor listing of S.F. Holding.Moreover, Henry Zhang has led many landmark cross-border M&As in China and played a key role in the important negotiations. Some of the selected transactions include the acquisition of 49% stake of 10 global ports under the CMA CGM on behalf of China Merchants Port, the acquisition of 51.8% stake of Kerry Logistics on behalf of S.F. Holding, the acquisition of Toulouse Airport in France on behalf of Shandong Expressway and FPI, the sale of Istanbul Kumport (Turkey's third largest port) to a Chinese consortium comprised of China Merchants Group, COSCO and China Investment Corporation, the sale of a minority stake in Autostrade per l'Italia (Italy's largest expressway operator) to Silk Road Fund. Sean Xiang, Founder, Chairman and CEO of Hermitage Capital stated, "Henry Zhang has over a decade of experience in China and global capital markets. We believe that with his unique industry insights and outstanding deal sourcing capability, he will play a key role in developing Hermitage Capital into a leading private equity fund in Asia. I am very much looking forward to working with Mr. Zhang closely to continue investing in the leading enterprises in China's New Economy sectors, and to create excellent returns for our LPs."Henry Zhang said: "Since its establishment in 2017, Hermitage Capital has become one of the fastest-growing private equity firms in Asia. The partners at Hermitage Capital all came from top-tier global financial institutions. I am thrilled to join this platform and looking forward to working with the best talent in the industry. "About Hermitage CapitalEstablished in 2017, Hermitage Capital focuses on investing in the leading enterprises in China's New Economy sectors and has become one of the fastest-growing investment groups in Asia. It is headquartered in Hong Kong with an office in Shanghai. It has invested in 20 well-known private equity deals and the assets under management have exceeded USD1 billion. Four of its portfolio companies, namely Tencent Music (TME.US), Lufax (LU.US), 360 DigiTech (QFIN.US) and PINGAN OneConnect (OCFT.US) have been listed in the U.S. In addition it expects to have another five portfolio companies, including Ximalaya Inc. and WeDoctor Group, to be listed in Hong Kong or the U.S. by the end of 2021. Some of its other portfolio companies include Airwallex, Sensetime, Horizon Robotics, Medlinker, Ping An HealthKonnect, Haodf.com and VoxelCloud. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)