The latest floated chapter will provide HFA’s China Organization stronger regional presence in Asia’s biggest financial center, according to the non-profit organization associated with the hedge fund promotion.

The chapter will be headed by Yiming Di, principal at China-focused consulting firm Schmittzehe and Partners, with an aim to work with the city’s alternative investments firms in support of the HFA China Chapter’s goals of advocating for and educating the public about the Chinese hedge fund industry.

HFA’s China Chapter director Adam Steinberg said the HFA’s objective is to encourage education about hedge funds and to contribute to the conversation and development of the hedge fund industry in China.

"As the Chinese financial markets continue to grow in depth and sophistication, hedge funds and other alternatives will become ever more important," Di added.

Yiming Di has worked with global financial firms including ABN AMRO Singapore, Global Capital Markets and has substantial expertise of hedge funds, mutual funds and corporate investors.