Credit Suisse has made 11 new hires for its Asia equity research team in Hong Kong as it looks to bolster research capabilities, particularly for China. Thomas Chong has joined the Swiss investment bank as head of internet for non-Japan Asia, with a focus on Chinese internet companies. He was previously with Citigroup and had also worked at BOC International, Royal Bank of Scotland and Bank of America Merrill Lynch.
Alex Xie has also joined the internet team as a research analyst. He worked in Beijing for JD Finance, a subsidiary of Chinese e-commerce giant JD.com. Greg Zhu has joined the team from China International Capital Corp. He was previously a management consultant at Boston Consulting Group.
Charlie Chen has arrived as head of China consumer research, having previously been a director with Deutsche Bank and BNP Paribas. He started his career in equity research with Macquarie Group. Serena Shao has been hired as head of China healthcare research from CLSA. She has also worked at Bank of America Merrill Lynch. She will have support from Katherine Fu, who joined from the same brokerage. Previously, she was with Jefferies.
Yang Luo has joined as head of China basic materials research, covering metals and mining. He has 10 years of experience covering Chinese steel, coal and cement companies at UBS and Nomura. Peter Li joined the Chinese basic materials team from Citigroup. Other hires include Jianping Chen, previously with BAML, who has been appointed lead analyst for China property research; Alice Li, who covers the non-bank financial sector; and Tianbo Yu, who joins the technology team.