Prominent Economist Hong Hao Officially Joins Lotus Asset Management

The Board of Directors of Lotus Asset Management is pleased to announce that Mr. Hong Hao, a globally renowned economist, has officially joined Lotus Asset Management as Managing Partner, Chief Investment Officer (CIO) and Chief Economist.

Concurrently, Mr. Zhu Lei, the former CIO, will assume the new role of CEO while continuing to focus on his work as the portfolio manager for global fixed-income funds.

As an institution licensed by the Hong Kong Securities and Futures Commission (for Type 4 and Type 9 regulated activities), Lotus Asset Management specializes in providing fund management services covering secondary markets and alternative investments through diversified platforms. The company's products encompass global bonds, equity ETFs, and multi-strategy solutions, delivering outstanding performance to meet investors' diverse asset allocation needs. Simultaneously, Lotus is actively expanding into primary private equity markets, investing in disruptive high-tech and other growth sectors to capture broader opportunities for clients.

Leveraging his profound expertise in global macroeconomic research and exceptional asset allocation capabilities, Mr. Hong Hao will comprehensively lead the company's investment decisions and global asset allocation, guiding the team to seize structural opportunities throughout economic cycles while continuously enhance the firm's active management strength across multiple asset classes.

Mr. Hong Hao's appointment underscores Lotus's ongoing commitment to providing outstanding fund management services to investors. Based in Hong Kong with a global reach, his deep insights into future market opportunities are highly aligned with the company's global strategy. Moving forward, Mr. Hong Hao and the team will collaborate closely with investors to explore structural opportunities amid economic fluctuations, ensuring the company maintains industry leadership in macroeconomic research, global asset allocation, and investment strategy – delivering forward-looking and precise asset management services.

Profile of Mr. Hong Hao

Hao Hong, renowned economist, member of China Chief Economist Forum, and professor at the Graduate School of Finance, Renmin University of China. Former MD and Head of Research at BOCOM International, Chief Global Strategist at CICC, and worked in the London, New York, and Sydney offices of Citigroup and Morgan Stanley, among other international financial institutions.

Awarded “Person of the Year 2024” by Bloomberg BusinessWeek; “Economist of the Year” by Asian Private Banker in 2022 and 2023; Named one of the “Top 10 most influential Economists in China”, “Top 10 Economic Figures in China” by Sina Finance in 2023 and 2024; “Institutional Chief Economist of the Year” by Yicai First Fnancial in 2021，2023 and 2024；brand spokesman for the CFA Institute; Voted “No. 1 Economist and Strategist” by Asiamoney; rated 'the man who called China’s boom and bust' and 'the Most Accurate Strategist in China' by Bloomberg.

Hong Hao's book titled 'The Forecast' is Winner of FT China’s 'Book of the Year', as well as Yicai’s and Tencent Finance’s “the Best Business Book of the Year”; awarded as 'Writer of the Year' by CITIC Press.