东兴证券总经理亲自回应！缘何六年后首次招聘首席经济学家

Core Insights - Dongxing Securities held a mid-year performance briefing on September 15, 2023, where executives discussed the reform of the sell-side research system, improvements in investment banking performance, and trends in mergers and acquisitions [1][2] Group 1: Research and Talent Development - The company has restarted its macro research team and is recruiting a chief economist for the first time in six years, indicating a renewed focus on macroeconomic analysis [1] - The recruitment announcement specifies that candidates should have over five years of experience in well-known brokerage research or public fund companies, along with a strong industry reputation and recognition from major research awards [1] - The general manager emphasized the commitment to enhancing research capabilities and service quality to support the integration of investment banking, research, and investment functions [1][2] Group 2: Investment Banking Performance - Dongxing Securities has significantly improved its investment banking business, moving from outside the top thirty to the tenth position in terms of net income from investment banking in the latest mid-year report [1][2] - The company has implemented a structural reform in its investment banking business, shifting from a team-based to a project-based management approach to enhance efficiency and responsiveness [2] Group 3: Proprietary Investment Strategy - The company is focusing on a strategic transformation towards long-term value investment in its proprietary equity investment business, expanding investment varieties and strategies [2] - The general manager stated that the company will continue to pursue absolute return principles while optimizing existing investment strategies and exploring new ones to stabilize investment returns [2] Group 4: Mergers and Acquisitions Trends - Dongxing Securities is actively monitoring opportunities for mergers and acquisitions within the securities industry, aiming to align with national policy directions while focusing on core business development [2] - The company will adhere to information disclosure regulations regarding any potential merger and acquisition plans [3]