Established in 2006, the Equity Research Department of China Merchants Securities International Company Limited ("CMSI") currently consists of 15 analysts and team members. With more than 9 years of experience at renowned international and domestic buy-side/sell-side research institutions, our lead analysts cover equity markets in Mainland China, Hong Kong, the United States, and other Asian markets. The Equity Research Department covers overseas strategy research and 6 major industries, including Healthcare, Auto & Auto Parts, Robotics, Internet, Education and Consumer, tracking more than 90 Hong Kong-listed, China-concept, U.S., and other overseas equities.

The team delivers distinctive research products, focusing on investment opportunities in major global markets and AI-related sectors. It provides timely research reports in both Chinese and English, along with in-depth advisory services that encompass market-strategy studies, industry and company research, joint or overseas field trips, corporate and analyst roadshows, expert calls, and strategy conferences, etc.

The team provides in-depth investment insights and bespoke project analyses. Its core research orientation centers on crafting Greater China-focused portfolio strategies, leveraging a global investment perspective and the parent firm's research resources, while maintaining a China-rooted approach to serve both onshore and offshore investors.

With a continuous enhancement in research capabilities in recent years, the team has earned top rankings in leading industry publications such as Asiamoney, New Fortune, and Institutional Investor. These accolades underscore the team's pivotal role in driving the expansion of our capital markets business.