Mr. Terry Gao
Terry is the CEO of Lianhe Global and is currently based in Hong Kong.
Prior to joining Lianhe Global, Mr. Gao was the Executive Director of the Fixed Income Department at Guotai Junan International Holdings Ltd., mainly responsible for the origination and syndication of Chinese offshore debt products. Before that, Mr. Gao spent about 10 years at Fitch Ratings, serving as the Asia-Pacific Head of International Public Finance, responsible for the rating projects of local governments, state-owned enterprises and asset management companies in China, India, Singapore, South Korea, Indonesia, Australia, New Zealand, and others. During his time in Fitch, he won the best public finance ratings team selected by major financial media for many consecutive years. Before joining Fitch Ratings, Mr. Gao also worked for various state-owned enterprises and international financial institutions including Bank of China International, Moody’s Investor Services and Standard Chartered Bank.
Terry earned his Master’s degree in Investment Management from the Hong Kong University of Science and Technology. Terry holds the Charted Financial Analyst (CFA) and the Hong Kong Institute of Certified Public Accountants (CPA) designations.
Ms. Joyce Huang
Joyce Huang is Managing Director at Lianhe Global. She is primarily responsible for the analytical aspects at Lianhe Global covering general corporates, banks, non-bank financial institutions, and local investment and development companies in the Asia Pacific region. The rated entities Joyce has covered includes Qingdao City Construction Investment (Group) Limited, Fujian Yango Group Co., Ltd., Zhengzhou Urban Construction Investment Group Co., Ltd., Liangshan Development (Holdings) Group Co., Ltd., Yancheng Oriental Investment & Development Group Co., Ltd., and Lionbridge Capital Co., Ltd.
Prior to joining Lianhe Global, she spent 13 years with Fitch Ratings based in Hong Kong and Taiwan. Joyce was a Director of Financial Institutions and Insurance at Fitch Ratings and was responsible for credit analysis of banks, non-bank financial institutions and insurance companies in the Asia Pacific region, primarily China, Hong Kong and Taiwan. In addition to providing issuer-specific research, she published sector commentaries on a regular basis.
Joyce was an equity analyst at Taiwan Securities Investment Advisory before joining Fitch Ratings and has experience working in financial institutions, including the largest life insurance company in Taiwan – Cathay Life, and CTBC Bank.
Joyce holds a MA in Financial Management from National Sun Yat-Sen University and a BBA in Statistics from National Cheng Kung University. She is a CFA charterholder and has been designated a Fellow, Life Management Institute, with distinction.
Mr. Toni Ho
Toni is a Director at Lianhe Global. Toni is responsible for the analytical aspects at Lianhe Global covering property developers, LIDC and general corporates in the Asia Pacific region.
Prior to joining Lianhe Global, Toni has over 18 years of experience in equity research field, focusing on China property sector and overall market strategy in Hong Kong. Toni was previously the Head of Research at RHB Securities, where he led a team of research analysts covering a variety of sectors and formulated departmental strategies. Toni was ranked among top best real estate analyst in Asiamoney Brokers Poll in 2016. Also, Toni was interviewed by various leading medias, including Bloomberg TV, Reuters, TVB, NOW TV, etc.
Prior to joining RHB, Toni spent 7 years as a senior equity analyst covering China property sector in BOCOM International, a wholly-owned subsidiary of Bank of Communications (3328 HK). Prior to joining BOCOM, Toni worked as a senior investment analyst in Sun Hung Kai Properties (16 HK), a leading property developer in Hong Kong.
Toni holds a Bachelor of Business Administration from the Chinese University of Hong Kong. Toni holds CFA and FRM designations.