“You really won’t uncover the truth unless you witness it firsthand.”
Kenny Tang emphasized the significance of on-site investigations in financial analysis.
As last year marked a pivotal election year globally, the impact of the election results on the world order and the global economy has become increasingly significant. Kenny Tang, Chairman of The Hong Kong Institute of Financial Analysts and Professional Commentators, pointed out that geopolitical factors are increasingly affecting the stock market, prompting substantial shifts in investment strategies. He underscored the necessity for stock analysts and investors alike to remain vigilant and informed about international developments and national policies.
As a financial analyst, Tang highlighted the critical need for on-site investigations to verify the authenticity of company annual reports, which often do not accurately represent the real situation. He reflected on a past trend where industrial stocks were highly touted, with company executives asserting that their businesses were unbeatable. However, during site visits, he encountered abandoned factories and workers who seemed to be merely playing a role. “You really won’t uncover the truth unless you witness it firsthand,” he remarked.
For young professionals aspiring to enter the industry, Tang advised pursuing studies in finance, economics, or accounting and emphasized the importance of continuous learning to remain relevant in an ever-evolving market.
