Alice Huang’s Decade-Long Ties to Chinese Financier Kang Wei

November 12, 2026 Jane Flowers Business, World 0

Alice Huang and Kang Wei, linked by affair

Before Alice Huang became linked to Nvidia CEO Jensen Huang, she spent nearly a decade working closely with Chinese financier Kang Wei in Shanghai’s private equity world. Several reports say the two were both business partners and romantic partners, and some people who knew them believed they were married.

The Financial Times reported that Alice Huang maintained a long-running relationship with Kang Wei, the founder of Hexi Capital (also called Heyi Capital). Caixin, citing people familiar with the matter, said the pair were husband and wife and jointly managed private equity funds.

How Alice Huang and Kang Wei Worked Together

Kang Wei founded Hexi Capital in 2010. Alice Huang joined the firm in 2015 after working at Citic Securities. Around that time, Kang held about 48.75% of the company, Alice Huang held about 25%, and another partner, Zhu Xiaoming, held about 26.25%. Her stake was reportedly transferred to her by Kang.

After Zhu left in 2017, the firm was largely run by Kang and Alice Huang together. People who knew them described Alice as outgoing and well-connected, while Kang was more reserved. They used their network in Shanghai’s finance circles to raise money and invest in technology and gaming companies.

Who is Kang Wei? Before Nvidia CEO, Alice Huang Had A Controversial Business Partner In China https://t.co/3Yd8xAGIf5
@divyawadhwa https://t.co/U26LwhPKYn
— NDTV (@ndtv) November 12, 2026

Kang Wei’s Regulatory Problems

Kang faced repeated trouble with Chinese regulators. The securities regulator fined him in 2018 and again in 2025, a total of about 2.9 million yuan, for failing to properly disclose shareholdings. Caixin reported that he was placed under criminal measures earlier this year over alleged stock manipulation, though this has not been independently confirmed by all outlets.

A company representative told the Financial Times that neither Alice Huang nor Kang Wei currently works at Hexi Capital, and that she left in 2017. However, one investor said she was still using Hexi business cards as recently as last year. Their current relationship status is unclear.

These earlier business and personal ties in Shanghai have received far less attention than her later connection to Jensen Huang. Alice Huang has not commented publicly on the reports.

About Jane Flowers 119 Articles

Over the years, I have built a diverse portfolio that spans news, lifestyle, travel, and entertainment. My work reflects a commitment to accuracy, engaging storytelling, and a passion for connecting readers with meaningful content.As a senior curator and verified reviewer with Blasting News, I bring both editorial expertise and a sharp eye for quality journalism. My contributions to platforms such as TV Shows Ace and The Destination Seeker showcase my versatility in covering entertainment and pop culture, while my earlier editorial roles with WoW Travel and Trip 101 highlight my ability to craft insightful reviews and travel features.With a career rooted in journalism since the early 1990s, I continue to evolve as a writer, editor, and content creator—balancing traditional reporting with modern digital storytelling, including video production. Whether under my own name or the pseudonym Woryn Jay, my goal has always been to inform, inspire, and engage audiences across platforms.