Outspoken China market analyst Hong Hao joins new hedge fund

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SHANGHAI : Hong Hao, an outspoken Chinese market analyst who left his job at a state-owned brokerage earlier this year after his social media accounts were suspended, has joined a new hedge fund house to conduct what he described as independent research.Hong, former head of research at Bank of Communicati

SHANGHAI : Hong Hao, an outspoken Chinese market analyst who left his job at a state-owned brokerage earlier this year after his social media accounts were suspended, has joined a new hedge fund house to conduct what he described as independent research.

"You need to have independence. You need to stick to your values, and make objective and scientific judgement on how things develop. I think that is very important," he told Reuters on Wednesday. GROW Investment, a global asset manager with multiple strategies, runs funds that invest in convertible bonds, distressed assets, and private equity.

 

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