Here are some of the key facts, figures and noteworthy results of the 2015 All-China Research Team survey, Institutional Investor’s exclusive annual ranking of the nation’s leading sell-side equity analysts.
Number of analysts on the team: 101
Number of firms they represent: 15
Number of analysts who meet the eligibility criteria: 211*
Number of firms they represent: 22*
(*Information about analysts who meet minimum-vote and other eligibility criteria but do not make the team — which is limited to the top three analysts or squads in each sector, plus runners-up where applicable — is available from the Institutional Investor Research Group. For information please contact Alyssa Walker at 212-224-3677 or awalker@iiresearchgroup.com.)
Number of participating buy-side individuals: Nearly 790
Number of participating buy-side institutions: More than 400
Total Chinese equity assets under management of participating buy-side institutions: $595 billion
Most popular sectors as measured by number of voters**:
Consumer/Discretionary (winner: Chen Luo, Bank of America Merrill Lynch)
Autos & Auto Parts (Jack [Yuhin] Yeung, Morgan Stanley)
Economics (Hong Liang, China International Capital Corp.)
Internet (Wai [Eddie] Leung, Bank of America Merrill Lynch)
Real Estate (Kam Keung [Oscar] Choi, Citi)
Most popular sectors as measured by number of votes**:
Consumer/Discretionary (winner: Chen Luo, Bank of America Merrill Lynch)
Autos & Auto Parts (Jack [Yuhin] Yeung, Morgan Stanley)
Internet (Wai [Eddie] Leung, Bank of America Merrill Lynch)
Real Estate (Kam Keung [Oscar] Choi, Citi)
Economics (Hong Liang, China International Capital Corp.)
(**Survey participants may name up to four analysts per sector.)
Most popular researchers (as measured by votes cast in each sector):
Kam Keung (Oscar) Choi of Citi, Real Estate
Wai (Eddie) Leung of Bank of America Merrill Lynch, Internet
Pierre Lau of Citi, Public Utilities
Junhua Mao of China International Capital Corp., Banks
Jack (Yuhin) Yeung of Morgan Stanley, Autos & Auto Parts
Analysts making their first appearances in first place:
Qiyong (Jack) Hu of Deutsche Bank, Health Care
Ching Jen (James) Kan of Deutsche Bank, Metals & Mining
Xiang Rong (Jacqueline) Li of Bank of America Merrill Lynch, Industrials
Hong Liang of China International Capital Corp., Economics
Yuanyuan (Tina) Long of Bank of America Merrill Lynch, Consumer/Nondiscretionary
Junhua Mao of China International Capital Corp., Insurance
Yu (Andy) Meng of Morgan Stanley, Energy
Hanfeng Wang of China International Capital Corp., Portfolio Strategy
Jack (Yuhin) Yeung of Morgan Stanley, Autos & Auto Parts
Researchers who capture first place in more than one sector:
Junhua Mao of China International Capital Corp.:
Banks
Insurance
Other analysts who appear in multiple sectors:
Trina Chen of Credit Suisse:
Basic Materials (No. 1)
Metals & Mining (No. 3)
Ching Jen (James) Kan of Deutsche Bank:
Metals & Mining (No. 1)
Basic Materials (runner-up)
Chen Luo of Bank of America Merrill Lynch:
Consumer/Discretionary (No. 3)
Consumer/Discretionary (No. 1)
Consumer/Nondiscretionary (No. 3)
He (Kevin) Yin of Credit Suisse:
Consumer/Nondiscretionary (No. 2)
Consumer/Discretionary (No. 3)
Rachel Zhang of Morgan Stanley:
Metals & Mining (No. 2)
Basic Materials (No. 3)
Number of analysts making their first appearance on the team: 25 (the full list can be found here)