The 2014 All-China Research Team: Consumer/Discretionary, No. 2: Haiyan Guo

< The 2014 All-China Research TeamHaiyan GuoChina International Capital Corp.First-place appearances: 1

Total appearances: 4

Analyst debut: 2011Slipping to second place on this list after a year in first is China International Capital Corp.’s Haiyan Guo, who also tumbles from No. 1 to runner-up on the Consumer/Nondiscretionary lineup. Even so, she retains an avid following among investors. “Guo’s detailed channel checks within the consumer sector helped me understand the fast-changing industry in China,” observes one money manager. Another exalts her analyses of rapid tourism consumption growth, inefficiencies in the distribution channels for domestic retailers and the low-price fast-retail brands that the nation’s young people prefer. With those considerations in mind, Guo recommends that investors buy China Travel International Investment Hong Kong, which operates tourist attractions and provides related services; and Cosmo Lady (China) Holdings Co., a manufacturer of intimate apparel, primarily for women, that is headquartered in Dongguan. “Looking forward to 2015, my top picks are still the leading tourism-related services companies and the top fast-retailing brands in the China market,” the Beijing-based analyst explains. Guo — whose coverage universe spans 84 consumer discretionary stocks listed in the Hong Kong, Shanghai and U.S. markets — maintains a positive outlook on the space for the next 12 months, though supply-chain conditions in China’s market still pose a threat, she cautions.

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