Since then, he has invested in many successful companies, including Baidu, Tencent and Xiaomi, and is regarded as one of the most influential investors in China’s technology market.
[7] Shong then traveled to the United States as a "penniless graduate" and received mentorship from professor James Thomson of Boston University.
[6] In 1987, Shong earned the MS degree from Boston University's College of Communication, followed by PhD study at the Fletcher School of Law and Diplomacy (1987-88).
This joint venture, in cooperation with the Shanghai Municipal Commission of Science, marked the beginning of IDG’s presence in China.
He has invested to help make numerous successful companies including Tencent, Baidu, Xiaomi, Meituan, Qihoo 360, Pinduoduo and Bilibili.