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China Renaissance taps ex-Shenwan Hongyuan executive to lead Hong Kong business

By Reuters News

HONG KONG, Nov 12 (Reuters) - Investment bank China Renaissance 1911.HK 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 revitalize 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

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