Equity Research, China Industrials, Associate/ VP

Morgan Stanley; Hong Kong; On-site; HKD 800,000 - 1,100,000; Full time

Job summary

Morgan Stanley in Hong Kong seeks an experienced China Industrials Equity Research professional to join the team. You will support coverage across the sector and contribute to client engagement.

The role emphasizes fundamental research, financial modeling, and producing investment ideas for institutional investors, with collaboration across sales, trading, and other research groups. Requires at least 4 years in equity research, strong English and Mandarin, and ability to manage multiple

Qualifications

• Minimum of 4 years of equity research experience.
• Experience covering the Industrials sector preferred.
• Strong financial modeling, accounting and valuation skills.
• Experience producing high-quality research reports for institutional investors.
• Excellent written and verbal communications in English and Mandarin.
• Ability to manage multiple priorities in a fast-paced environment.
• Self-motivated team player with intellectual curiosity and judgment.

Responsibilities

• Support coverage across the China Industrials sector and subsectors.
• Contribute to franchise-building via thematic projects and thought leadership.
• Conduct fundamental research: financial analysis, forecasting, valuation, and ideas.
• Draft high-quality research reports on industry developments and themes.
• Monitor industry news, macro and policy developments and implications.
• Respond to client requests for data, analysis, models, and bespoke research.
• Collaborate with sales, trading, strategy and other research teams to deliver insights.

Skills

Financial modeling

Valuation

Industry research

English & Mandarin comms

Multi-priority management

Detail oriented

Job description

Primary Responsibilities

The successful candidate will join the China Industrials Equity Research team and will play an integral role in supporting the team's research franchise and client engagement. Responsibilities include:

• Support team coverage across the sector, and cover designated subsectors within the China Industrials universe.
• Contribute to franchise-building initiatives through thematic projects, and thought leadership.
• Conduct fundamental research on listed companies, including financial analysis, earnings forecasting, valuation, and investment recommendations.
• Draft high-quality research reports on industry developments, long-term thematic trends, company-specific investment ideas.
• Monitor industry news flow, macro and policy developments, assessing their implications for companies and sectors under coverage.
• Respond promptly to client requests for data, analysis, financial models, and bespoke research.
• Collaborate closely with internal sales, trading, strategy, and other research teams to deliver timely and differentiated investment views.

Qualifications

• Minimum of 4 years of relevant experience in sell-side or buy-side equity research.
• Experience covering the Industrials sector is strongly preferred.
• Strong financial modeling, accounting, and valuation skills, with the ability to analyze complex businesses and industry dynamics.
• Demonstrated experience producing high-quality research reports and communicating investment ideas to institutional investors.
• Strong analytical, critical thinking, and problem-solving capabilities with close attention to detail.
• Excellent written and verbal communication skills in both English and Mandarin.
• Ability to manage multiple priorities in a fast‑paced environment while maintaining high standards of accuracy and quality.
• Self‑motivated team player with intellectual curiosity, sound judgment, and a strong interest in financial markets and equity investing.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work‑life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross‑section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.