SAIF Students Snatch Gold in CFA Institute Research Challenge Shanghai

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students can gain real-world experience as they assume the role of a research analyst and are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendations.

On 15th December 2013, CFA Institute Research Challenge in Shanghai 2013-2014 was held at Shanghai International Convention Center.

Competing against CEIBS, Zhejiang University, East China Normal University as well as Xi’an Jiaotong-Liverpool University, SAIF team, composed of 5 SAIF MBA and MF students including Zhou Wei, Michael Custer, Xiong Yuzhou, Hu Lei and Chen Wenling, took the crown in the challenge and advanced to the Asia-Pacific Competition that will be held in Bangkok in April 2014 with the championship from Beijing challenge.

With the guidance of Prof. Pual Burik and Prof. Li Feng, SAIF team conducted an in-depth industry research and balance sheet analysis, submitting an elaborate written report on Huazhu Hotels Group Ltd (NASDAQ:HTHT). During a 10-minute presentation and Q&A session, SAIFers’ rational thinking, in-depth data analysis as well as unique industry perspectives were well received by judges and audiences.