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HSBC expands Asian research team with 15 hires

HSBC Holdings Plc added 15 equity research analysts in Asia after the launch of HSBC Qianhai Securities, Reuters reported Dec. 8, citing a statement from the bank.

The new team of Shenzhen-based analysts will work with global colleagues to provide research across sectors such as IT hardware, software, healthcare, consumer staples, media, internet and autos.

HSBC Qianhai is expected to hire 50 people for the team over the medium term, with the securities company planning "significant" growth in its onshore A-share research offerings.