Huatai Securities hiring ahead of $3b HK IPO

Lu Ting, former economist at Bank of America Merrill Lynch, is among a group of industry veterans joining Huatai Securities in the firm’s run-up to a public listing in Hong Kong.

Chinese broker Huatai Securities is on a hiring spree in Hong Kong as part of a campaign to raise its profile and capability in overseas markets in advance of its H share listing, which is expected to raise $2 billion to $3 billion.

Shanghai-listed Huatai Securities has recently hired Lu Ting, chief Greater China economist at Bank of America Merrill Lynch, as head of research, according to two sources familiar with the situation. Lu will start the new role in Huatai’s Hong Kong office in a couple of months, one source said.

Lu, an award-wining China economist, joined BofA Merrill in 2006 after he received his...

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