Hong Kong — June 12, 2007 — Bear, Stearns Asia Limited today announced that it has hired two new equity research analysts in Hong Kong to broaden its Asian equity research coverage. Mohan Singh will cover the consumer sector and Leon Chik will cover small/mid-cap companies. Both are new areas of coverage for Bear Stearns Asian Equity Research. The analysts join the firm as managing directors.
"With these hires, we can offer clients a broader, more comprehensive look at investment opportunities across Asia," said Rowe Michels, Director of Global Emerging Markets Research. "Mohan and Leon are experienced analysts who are certain to offer great value to our clients"
Prior to joining Bear Stearns, Mr. Singh was Head of Regional Consumer Equity Research and India Product Coordinator at BNP Paribas Securities (Asia). He had also been Head of Hong Equity Research there. Before joining BNP Paribas in 2000, he was based in Australia for six years where he worked locally with Hong Kong-based Peregrine Group. Mohan Singh recently ranked in two prominent surveys of equity research analysts. In the 2006 Institutional Investor All-Asia Research Team survey, Mr. Singh and his team were Runners Up in the Regional Consumer Research category. He also ranked in the 2005 and 2006 Asiamoney analyst surveys. Mohan Singh holds a Bachelor of Economics (Honors) and a Masters of Business Economics from the University of Delhi and an MBA from the Australian Graduate School of Management at the University of New South Wales.
Mr. Chik, who has 10 years experience as an equity research analyst, was a Mid-Cap analyst at HSBC in Hong Kong covering a variety of industries throughout the region with an emphasis on Hong Kong and China. Throughout his career, Leon Chik has received numerous accolades for his equity research, most recently in the 2006 Asiamoney analyst survey. He began his career in 1991 as an auditor at PricewaterhouseCoopers. Leon Chik holds a Bachelor of Commerce from the University of British Columbia and is a qualified Chartered Accountant and Chartered Financial Analyst.
About Bear Stearns Asia Limited
Founded in 1987, Bear Stearns Asia Limited ("BSAL") is a Hong Kong Securities and Futures Commission ("SFC") licensed corporation. BSAL is authorised by the SFC to perform certain regulated activities in Hong Kong which includes dealing in securities, advising on securities and corporate finance advisory services. BSAL is also a participant (i.e. member) of the The Stock Exchange of Hong Kong Limited. Its main businesses include regional fixed income and equity sales and trading, equities research, investment banking, private client services and derivatives marketing for Asia (ex-Japan) region.
Bear Stearns
Founded in 1923, The Bear Stearns Companies Inc. (NYSE: BSC) is a leading financial services firm serving governments, corporations, institutions and individuals worldwide. The Company's core business lines include institutional equities, fixed income, investment banking, global clearing services, asset management, and private client services. Headquartered in New York City, the company has approximately 14,500 employees worldwide.
Founded in 1923, The Bear Stearns Companies Inc. (NYSE:BSC) is a leading financial services firm serving governments, corporations, institutions and individuals worldwide.