Credit Suisse said it is expanding its equity research capabilities in China, adding headcount to meet growing demand for in-depth analysis of the country’s A-share market despite its recent tumultuous past.
An additional six analysts will join the Swiss Bank's research team, covering 180 domestic A-share listed companies that represent more than 70% of China’s CSI-300 index. Credit Suisse plans to increase coverage to 300 companies by the end of 2016, doubling from 130 stocks in November of last year.
The country’s benchmark CSI-300, representing the largest stocks on the Shanghai and Shenzhen exchanges, tumbled by more than a third since hitting a peak...