< The 2015 All-Asia Research Team

Total appearances: 21

Team debut: 2001

Unranked last year, Credit Suisse earns the No. 3 position, recording its best showing on this lineup since 2010. The ten-strong group is overseen by Xiang (Edmond) Huang, who moved to the firm in January 2014 from Bank of America Merrill Lynch. He co-led that firm’s squad to No. 1 in 2012 and 2013. From his base in Hong Kong, Huang directs coverage of 22 regional industrials names. The analysts are recommending that clients favor companies in China with exposure to state spending and natural resource conservation. “We see Chinese government as supportive of the construction sector given the stimulus to improve economic weakness,” says the 44-year-old crew chief. “We like wind turbines more than diversified power equipment for the better growth profile. Overall, railway investment remains a key driver for fixed-asset investment, and the rising requirement for environmental protection supports wind turbine makers. For subsectors we think railway equipment and wind turbine can perform well.”