Hua Cheng, CFA
13 Years at AB|17 Years of Experience
Hua Cheng is a Senior Vice President and Director of Asia Credit Research. She joined AB in 2011 and now oversees the credit research capabilities in Asia. Cheng is also responsible for covering the technology sector in China, as well as banks and nonbank financial institutions in the Asia Pacific region, with an emphasis on China’s financial system and credit market. Earlier in her tenure at AB, she was an equity research analyst covering Chinese and Hong Kong banks. Cheng was previously an auditor at PricewaterhouseCoopers, where she audited China’s financial institutions. She holds a BA in finance from the Capital University of Economics and Business (Beijing) and an MBA from the Columbia Business School. Cheng is a CFA charterholder.
Published Work
Our research into Huarong and Evergrande provides insights into the risk implications of Beijing’s government interventions.
Recent SOE bond defaults signal Beijing's willingness to let markets price risk more accurately.
Escalating trade tensions between the US and China could affect Chinese corporate bonds, but not all credits are vulnerable.
As China's leaders scramble to contain the COVID-19 epidemic, the global community braces for impact to China's people, equity and bond markets, and economy.
It’s been 20 years since a Chinese bank failed. But recent bailouts of three regional lenders have raised concerns about systemic problems in China’s financial sector. While risks have grown for China’s smaller banks, we believe that the Chinese banking system remains robust.
China's rise as a preeminent economic power makes it impossible for globally minded investors to ignore. With the integration of China's domestic-listed equities and bonds into major global indices, the potential of investing in the broad economy is increasingly opening to the world.