Economics & Strategy: Small- & Midcapitalization Stocks - First
Rocketing from runner-up all the way to first place is Hak Kan (Leon) Chik, 41, of J.P. Morgan.
Hak Kan (Leon) Chik J.P. Morgan
The buy side says: “He has extensive knowledge of the stocks and often takes a contrarian view.”
Rocketing from runner-up all the way to first place is Hak Kan (Leon) Chik, 41, of J.P. Morgan. “He is a highly dedicated analyst who digs deep to find small-cap opportunities,” observes one money manager. In March 2010, Chik initiated coverage on Xinyi Glass Holdings with an overweight recommendation, at HK$3.12, citing strong growth prospects at the Hong Kong–headquartered manufacturer of glass used in automobiles, construction and solar-power systems. By the end of April 2011, the stock had skyrocketed 200 percent, to HK$9.36, and bested the sector by an eye-popping 191.3 percentage points. A 1991 graduate of the University of British Columbia with a bachelor’s degree in finance and accounting, Chik joined J.P. Morgan in 2009 from Bear Stearns Asia, where he covered small caps.