Jun Ma, Jiangqiao (Michael) Tong & team Deutsche Bank
Deutsche Bank drops one notch to second place, but the 50-member troop continues to provide the best birds-eye view of the Chinese economy, according to one buy-side advocate. Co-captained by newcomer Jun Ma and Jiangqiao (Michael) Tong, who also co-direct a crew rated runner-up for coverage of Hong Kong (and Tong leads the No. 3 team in Power), the group tracks 240 companies and plans to expand coverage. The Hong Kongbased researchers in August downgraded their near-term outlook to cautious and predicted a 15 percent broad-market decline, on the likelihood of negative surprises from Europe and the U.S. They further forecast that the downturn would be followed by a rally that would produce a 23 percent rise by August 2012. Sure enough, six weeks later Chinas broad market had dropped exactly 14.9 percent and by the end of March, it had rebounded by 15.5 percent.
Ben Mattlin
Deutsche Bank drops one notch to second place, but the 50-member troop continues to provide the best birds-eye view of the Chinese economy, according to one buy-side advocate. Co-captained by newcomer Jun Ma and Jiangqiao (Michael) Tong, who also co-direct a crew rated runner-up for coverage of Hong Kong (and Tong leads the No. 3 team in Power), the group tracks 240 companies and plans to expand coverage. The Hong Kongbased researchers in August downgraded their near-term outlook to cautious and predicted a 15 percent broad-market decline, on the likelihood of negative surprises from Europe and the U.S. They further forecast that the downturn would be followed by a rally that would produce a 23 percent rise by August 2012. Sure enough, six weeks later Chinas broad market had dropped exactly 14.9 percent and by the end of March, it had rebounded by 15.5 percent.
Ben Mattlin