CSC Financial has created the position of global chief economist for the first time, and He Haifeng officially took up the role on August 10. He previously served as chief economist at Guotai Junan Securities. After joining CSC Financial, he will be responsible for global macro and strategic research, interpreting monetary policy in major economies, clarifying the logic of industrial relocation amid global supply chain restructuring, and supporting the implementation of CSC Financial's international businesses such as cross-border derivatives and offshore bond underwriting. In his first remarks after taking office, He Haifeng said he would build a global macro and strategic research framework with a global perspective and Chinese characteristics, focusing on sector research and thematic research in the medium term. He also stressed that the global economic landscape has shown an irreversible trend of the East rising and the West declining, and that China's stock market and fund market will become the main themes going forward.
China Securities Co LtdAppointment of global chief economist signals strategic expansion and enhanced research capabilities.
Guotai Junan Securities Co LtdLoss of chief economist to competitor may be seen as negative, but impact is indirect and not detailed.
