剧变之年！券商首席经济学家“大换牌”

Core Insights - In 2025, a significant reshuffling occurred among chief economists in Chinese brokerage firms, indicating a strategic restructuring of intellectual resources within the industry [1] Group 1: Personnel Changes - Niu Bokun, the former chief economist of Huachuang Securities, has transitioned to the role of assistant president and co-director of the research institute [1] - Zhang Yu, the former deputy director of the research institute and chief macro analyst, has been promoted to chief economist of the company [1] - Long Hongliang, the newly appointed chief economist of Wanlian Securities, has publicly introduced himself [1] Group 2: Industry Trends - At least 14 chief economist positions in brokerage firms have changed hands in 2025 due to reasons such as personal departures and the impact of institutional mergers [1] - The talent flow reflects a backdrop of industry consolidation, re-evaluation of research value, and evolving competitive dynamics [1]