First Round

The unnamed copy of each submitted report will be subject to a double blind review process by nine first-round judges, mostly consisting of senior members of HKSFA.


Judging Criteria :

  • For Single Company Report Category
Section Maximum Points

Investment Summary Coherent and sufficient summary of salient points supported by financials. 20
Industry Overview & Competitive Positioning In-depth overview of the companies positioning and/or competitors. A comprehensive description of company's economic advantage and its competitive positioning with facts and figures. 10
Valuation Substantiated industry information to support valuation. 20
Financial Analysis Complete financial analysis to support recommendation. 20
Investment Risks Important risk factors are disclosed to support conclusion. 15
Others Business description or other crucial information. 15

Total   100
  • For Sector Report Category
Section Score

Investment Summary 20
Industry Overview & Competitive Positioning 20
Financial Analysis 20
Investment Risks 15
Actionable Idea 10
Others (Individual company writeup/ Graphics / Presentation) 15

Total Score 100

Final Round

Ten selected reports will be reviewed and graded by our esteemed final judges.


2016 Final Judges :

William Fong, CFA
Investment Director, Hong Kong China Equities
Baring Asset Management (Asia) Limited

William is the lead manager of Baring China Select Fund and manages a number of dedicated Hong Kong China portfolios. His research responsibilities include Hong Kong, China and Taiwan, and directs Hong Kong China specialist research. William joined Barings in 2004 from Primasia Securities, where he was an Investment Analyst specialising on Taiwanese stocks. He received a B.B.A. (Hons) in Finance from The Chinese University of Hong Kong. William was awarded the CFA designation in 2003. He is fluent in Cantonese, English and Mandarin.

Winson Fong, CFA
Managing Director, Hong Kong China Equities
Manulife Asset Management

Winson is a Managing Director and Senior Portfolio Manager specialising in Hong Kong and China equities.

Winson has extensive investment experience in Asian equities with a focus on the Greater China and Hong Kong markets. This included managing institutional mandates, including pension and sovereign wealth funds, and mutual fund products. He joined Manulife Asset Management from Nikko Asset Management’s Singapore office where he was Head of China Strategies. Before this, Winson served as Head of Greater China Equities at Societe Generale Asset Management.

Winson holds a Master of Science in Global Finance from the Hong Kong University of Science and Technology/NYU Stern Business School, and a Bachelor of Business Administration from the Chinese University of Hong Kong. Winson is a CFA charterholder.

Ms. Louisa Lo, CFA
Deputy Head of Investment, Asia ex Japan Equity
Head of Greater China Equities Portfolio Manager – Regional & Greater China
Schroder Investment Management (Hong Kong) Limited

Louisa joined Schroders in 1996 in our Hong Kong office. Prior to joining Schroders, Louisa spent three years working as a research analyst with securities firms, focusing on regional electronics stocks. Louisa is responsible for all aspects of the investment process and ultimately responsible for products managed by the Greater China investment desk. She is the manager of regional institutional portfolios as well as the Schroder ISF* Emerging Asia, Schroder ISF Taiwanese Equity, Schroder ISF China Opportunities and Greater China mandates.

Louisa holds a Master’s degree in Applied Finance from Macquarie University in Sydney and a Bachelor’s degree in Commerce from the University of Melbourne. She also holds the Chartered Financial Analyst designation.

* Schroder International Selection Fund is referred to as Schroder ISF.


Recognition


Equity Report :