Hong Hao
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Australian Graduate School of Management (MBA)
Hong Hao | |
|---|---|
洪灏 | |
| Born | |
| Education | University of International Business and Economics (BA) Australian Graduate School of Management (MBA) |
| Occupation | Financial analyst |
Hong Hao (Chinese: 洪灏; pinyin: Hóng Hào) is a Chinese financial analyst covering macro strategy who currently is Managing Partner of Lotus Asset Management. He was previously the Head of Research for Bank of Communications (BOCOM) International.[1]
Hong is known for accurately predicting the 2010 flash crash, the Chinese Banking Liquidity Crisis of 2013 and the 2015–2016 Chinese stock market turbulence. Bloomberg L.P. has named Hao as "China’s most accurate strategist" and the Asiamoney survey put him as the No. 1 China Strategist and No. 1 economist in 2017.[1][2][3]
Hong was born and raised in Guangzhou, Guangdong province.[2][4]
Hong attended Zhixin High School graduating in 1992. Originally his grades were below average but improved as he got older. In the Gaokao, Hong ranked second in the whole of Guangdong province for the liberal arts stream.[5][4]
Hong attended University of International Business and Economics. After graduation he briefly worked as an official at the Ministry of Commerce before moving to Australia to attend Australian Graduate School of Management for his master's degree.[2][5][4]
Since 2001, Hong has been a Chartered Financial Analyst charter holder.[3]
Career
After getting his master's degree, Hong's first job in finance was at the Macquarie Group where he was employed as an equity research analyst. Later Hong moved to New York where he was employed by Morgan Stanley and then Citigroup.[2][5][3]
In 2009, Hong moved back to China to work at China International Capital Corporation (CICC) in Beijing. According to Hong, he met Zhu Yunlai through mutual acquittances. Hong had researched the 2008 Chinese milk scandal which at the time had little analysis. Zhu was impressed with the research and recruited Hong to work for CICC. As the recruitment process was very strict, it took until the end of 2009, before Hong could be employed. During his time there, he developed its first quantitative stock market model.[2][3][4][5]
In 2012 Hong moved to Hong Kong to work as Head of Research for BOCOM International. There were multiple factors for his move such as his parents lived in Guangzhou which was closed to Hong Kong. He also preferred it to Beijing as it was closer to the sea, had no smog issues and lower income taxes. However the biggest factor was Hong Kong allowed much more freedom of analysts where they could make more bold predictions which is something he would find difficult to do at CICC.[2][3][4][5][6]
In 2022, Hong resigned from his position at BOCOM International for personal reasons. He then joined GROW Investment Group, a Shanghai-based hedge fund that is backed by Navigator Global Investments and Julius Baer Group.[1][3][6][7]
In April 2025, Hong left his role to become CEO of the international unit of Huafu Securities, an affiliate of Industrial Bank.[8] However in June, he resigned from his role to start his own company, Lotus Asset Management.[9]