(Yicai Global) May 8 -- Nomura Holdings Inc., a global investment bank based in Asia, has appointed Lu Ting, former chief economist at Huatai Securities Co. as its chief China economist, it said today.
Lu will lead Nomura's China economy research team of economists to deliver with forecasts on China's economic development, and work on macroeconomic topics that have important implications for China's development so as to boost the company's influence and leadership in the market, Nomura said in a statement.
Lu joined Huatai Securities in 2015 and served as its head of research and chief economist. He resigned due to personal reasons, Huatai Securities said earlier today. He contributed greatly to Huatai Securities' research efforts and institutional sales as well as its trading business at home and abroad during his tenure.
Before joining Huatai Securities, Lu was chief economist for Greater China at Bank of America Merrill Lynch.
Editor: William Clegg