券商中国·2026-02-05 06:11Core Viewpoint - Zhang Yidong has joined Haitong International Securities as the Chief Economist and Head of the Equity Research Department, focusing on integrating domestic and international research and institutional sales [1][2]. Group 1: Zhang Yidong's Role and Responsibilities - Zhang Yidong is responsible for enhancing Haitong International's research capabilities and implementing the group's strategy for integrated research operations domestically and internationally [2]. - He aims to leverage the group's resources to capitalize on the dual opportunities of "Investing in China" and "Chinese Investment" [2]. - Zhang plans to strengthen the role of "Chinese experts" to better serve overseas clients and attract foreign capital back to the Chinese stock market [2]. Group 2: Background and Career Transition - Zhang Yidong left his position at Industrial Securities at the end of December 2022, citing career transition and family considerations [3]. - He has nearly 20 years of experience at Industrial Securities, where he held various significant roles, including Global Chief Strategist [4]. - Zhang holds degrees from Fudan University and Shanghai Jiao Tong University, and has been involved in both academic and practical finance roles [3][4]. Group 3: Market Outlook and Investment Strategy - Zhang Yidong maintains a strong confidence in both A-shares and H-shares, emphasizing the importance of structural highlights and long-term development in investment strategies [4]. - For 2026, he anticipates improvements in nominal GDP growth and moderate inflation, suggesting a focus on four key investment opportunities: AI, military industry, energy technology, and innovative pharmaceuticals [4]. - He also highlights the potential of stable high-yield assets in a low-interest-rate environment and traditional industries benefiting from supply chain restructuring [4].