Investment bank China Renaissance said on Thursday it had appointed former Shenwan Hongyuan Securities executive Liang Jun to head its Hong Kong unit, as the Beijing-based brokerage seeks to revive its offshore business.
The move was part of the bank’s effort to revitalise its offshore business a year after founder Bao Fan was released from a two-year investigation by Chinese authorities.
Liang joins from Shenwan Hongyuan Securities’ Hong Kong office, where he spent seven years and most recently served as executive director and CEO.
China Renaissance said the appointment would bolster its cross-border capabilities by leveraging Hong Kong‘s role as a gateway between Chinese companies and global capital markets.
A veteran of both onshore and offshore China capital markets, Liang started his career at CITIC Securities in Beijing, holding roles across risk management, fixed income and equity capital markets.
China Renaissance, founded in 2005, has advised on some of China‘s high-profile technology listings and mergers.
Reuters
