Jiang Kai

Jiang Kai, born in Shanghai. His father was a painter, and his family held expectations for his involvement in the arts. During middle school, Jiang Kai became a member of the mathematics Olympiad team, and later, he studied finance at the University of Illinois. After graduating in 1996, he joined Swiss Bank.

In 1998, Jiang Kai founded his own hedge fund—the Dragon Fund—serving as chairman, becoming one of the youngest Chinese-American founders in the hedge fund industry. Within just six years of its establishment, the fund's assets grew by over 1,300%, with an average annual return of 61%, ranking among the top in the United States hedge fund asset growth charts. From 1998 to the end of 2004, Jiang Kai's fund achieved remarkable success and outstanding performance in the industry.

During the rise of the internet, Jiang Kai became involved in website entrepreneurship, founding a classified advertising site dedicated to promoting used cars. He personally visited dealerships and advocated for low-price sales. Later, he shifted his focus to financial investing, utilizing client funds to engage in hedge fund operations.

Apart from his financial career, Jiang Kai reflected on the limitations of traditional value investing in the late 1990s. Influenced by the 1995 IPO of Netscape and the resulting tech stock boom, he gradually changed his investment strategy, emphasizing short-term trading. Leveraging his mathematical expertise, he developed a stock-picking model combined with computer algorithms to forecast market fluctuations.

Jiang Kai's core investment philosophy is "buy and trade," emphasizing quick profits in highly volatile markets. His fund's average annual return has reached 47%. Assuming an initial investment of $1 million in 1998, it would have grown to $32 million by 2013. Between 2001 and 2003, his Chinese Hedge Fund ranked first consecutively in industry rankings in the United States.

Regarding the Chinese stock market, Jiang Kai believes it has enormous potential and could reach 10,000 points within the next five to ten years. He analyzes that, with the transformation and upgrading of Chinese manufacturing, the development of modern service industries, and gradual institutional improvements, the stock market will open up broader growth prospects.

Personal life details show that Jiang Kai was previously married to actress Huang Yi. They got engaged in 2009 and divorced in 2010. In 2015, he held a grand wedding in Bali, inviting numerous friends and family, with the entire event costing about 160 million RMB.

As an investor, Jiang Kai has established himself in the financial world with his innovative investment methods and professionalism, making him one of the few influential Chinese-American hedge fund managers on Wall Street.