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Hong's research reports are always published in
English and do not have any templates. Hong prefers to start from scratch and rely on analysis and models rather than just reciting official information from reports. His reports are often cited by the media. Hong has stated he is afraid of the media
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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
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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.
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reaching as high as 23,000 in the next 12 months. By May 2023, the index had gone up 54%. At that time he also stated he could see
Chinese stocks continuing to resume their upward momentum even if the U.S. undergoes a recession. However he also stated that China's economy was now more closely
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Hong has described his job as "putting his neck on the line". He stated while everyone is eventually wrong, making a prediction that goes against the consensus is dangerous because it means the others are wrong and analysts tend to be risk-averse.
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correlated with US monetary policy than before the pandemic and that China's consumption is not big enough to drive economic recovery. Chinese households overextended during the pandemic and were not in a position to borrow more to spend.
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was coming to a halt. He then stated once people reset their expectation and the economy restructures to regrow from other industries rather than relying on real estate, the better it is for the
Chinese economy.
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In 2022, Hong's reports covered sensitive issues in china such as U.S. delistings of
Chinese companies, the China tech crackdown, the risk of capital flight from China and the economic impact of the
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At the end of
October 2022, Hong stated that Hong Kong and China shares had bottomed out and that once the COVID-19 restrictions were lifted in a few months, the stock market would rally with the
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335:. He outlined a worst-case scenario where the SSE Composite Index would drop below 3,000. The social media accounts that Hong uses to post his research and analysis such as
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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
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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.
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At the end of 2011, Hong predicted that the market would undergo a major adjustment in the first half of 2012. Later the
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were suspended. It was speculated this played a role in Hong's resignation from BOCOM International
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graduating in 1992. Originally his grades were below average but improved as he got older. In the
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660:"Outspoken China Strategist Leaves State-Owned Broker After Social-Media Accounts Are Censored"
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In
October 2020, Hong published a book named Forecasting Economy. Cycles and Market Bubbles.
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and
English. This allows him to do interviews with a variety of media channels which include
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705:"Hong Kong, China stocks have bottomed out, strategist who kick-started current rally says"
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757:"Fixing China's property sector could take years — if not a decade, says economist"
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In
September 2023, Hong stated that it could take years if not a decade to fix the
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731:"Star analyst who predicted China reopening trade says another rally is imminent"
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asking for his target price as the market is very volatile so it is impractical.
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fell from 2,500 to 1,900. Bloomberg stated he was the only person to hold a
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After getting his master's degree, Hong's first job in finance was at the
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survey put him as the No. 1 China Strategist and No. 1 economist in 2017.
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strategy who is currently the Chief Economist of GROW Investment Group, a
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Beijing University of International Business and Economics alumni
679:"Julius Baer-Backed Firm GROW Seeks Stakes in China Hedge Funds"
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453:"Outspoken China Analyst to Join Hedge Fund as Chief Economist"
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has named Hao as "China’s most accurate strategist" and the
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Hong's hobby includes reading where he enjoys the works of
216:. After graduation he briefly worked as an official at the
496:"'Putting my neck on the line — that's my profession'"
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through mutual acquittances. Hong had researched the
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214:University of International Business and Economics
81:University of International Business and Economics
262:In 2009, Hong moved back to China to work at
149:. He was previously the Head of Research for
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156:Hong is known for accurately predicting the
540:"交银国际前首席策略师洪灏出任GROW Investment Group首席经济学家"
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585:(in Chinese (Hong Kong)). 24 October 2016
326:2015–2016 Chinese stock market turbulence
166:2015–2016 Chinese stock market turbulence
319:Chinese Banking Liquidity Crisis of 2013
222:Australian Graduate School of Management
162:Chinese Banking Liquidity Crisis of 2013
90:Australian Graduate School of Management
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264:China International Capital Corporation
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628:"执信故事043||洪灝：特立独行的经济学家_中国高端智库文章精选"
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703:Ouyang, Iris (21 November 2022).
247:analyst. He later Hong moved to
409:China Global Television Network
729:Shidong, Zhang (22 May 2023).
579:"洪灝讚香港是分析員樂土獲朱鎔基子賞識 「估災」開口中爆紅"
356:Chinese property sector crisis
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494:Luo, Weitang (26 July 2019).
451:Wan, Allen (31 August 2022).
658:Feng, Rebecca (3 May 2022).
292:Navigator Global Investments
270:. According to Hong, he met
243:where he was employed as an
227:Since 2001, Hong has been a
186:Hong was born and raised in
229:Chartered Financial Analyst
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808:Chinese financial analysts
333:COVID-19 lockdown in China
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276:2008 Chinese milk scandal
251:where he was employed by
224:for his master's degree.
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16:Chinese financial analyst
735:South China Morning Post
709:South China Morning Post
677:Hu, Bei (20 July 2023).
324:In June 2015 during the
317:Hong also predicted the
302:Analysis and predictions
182:Early life and education
153:(BOCOM) International.
314:position at the time.
282:In 2012 Hong moved to
151:Bank of Communications
803:People from Guangzhou
360:urbanization in China
632:thinktank.taocms.org
218:Ministry of Commerce
664:Wall Street Journal
308:SSE Composite Index
546:. 1 September 2022
393:Phoenix Television
379:Hong is fluent in
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192:Guangdong province
296:Julius Baer Group
135:financial analyst
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358:. In addition
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740:4 February
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638:4 February
589:4 February
550:4 February
505:4 February
462:4 February
429:References
272:Zhu Yunlai
266:(CICC) in
147:hedge fund
101:Occupation
385:Cantonese
284:Hong Kong
257:Citigroup
255:and then
188:Guangzhou
175:Asiamoney
137:covering
77:Education
66:Guangdong
62:Guangzhou
397:TVB Jade
381:Mandarin
249:New York
209:stream.
164:and the
143:Shanghai
130:Hóng Hào
113:Hong Hao
42:Hong Hao
19:In this
312:bearish
268:Beijing
145:-based
117:Chinese
337:WeChat
235:Career
203:Gaokao
160:, the
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125:pinyin
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23:, the
341:Weibo
139:macro
70:China
768:2024
761:CNBC
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690:2024
640:2024
591:2024
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507:2024
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418:and
407:and
405:CNBC
389:CCTV
339:and
294:and
57:Born
30:Hong
391:,
94:MBA
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