Hangzhou Financial Investment Group (HFI) is a state-owned enterprise directly under the government of Hangzhou city. With the registered capital of ￥50 billion (approximately $8.3 billion), HFI has become a comprehensive financial platform of industrial investment , asset management and financial services. Currently HFI has 15 subsidiaries, covering private equity funds, commercial banking, trust, futures, guarantee, leasing, capital management, property transactions, etc.