JPMorgan Hires Zhang Yi to Co-Head China Investment Banking
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
0mins
Should l Buy JPM?
Source: seekingalpha
- Executive Change: JPMorgan Chase (JPM) has hired Zhang Yi from Goldman Sachs (GS) to co-head its China investment banking operations starting in summer 2026, marking the second senior China banker loss for Goldman in two months, indicating intensified competition in the sector.
- Market Competition: Zhang's appointment will help JPMorgan close the gap with rivals like Goldman Sachs and Morgan Stanley in China-related deals, particularly in Hong Kong equity offerings, where JPM ranked seventh last year, suggesting potential for market share growth.
- Regional Strategy: David Lau, currently co-head of JPMorgan's offshore China business, will become vice chair of investment banking for the Asia-Pacific region, reflecting the firm's commitment to the Chinese market despite facing regulatory scrutiny and geopolitical tensions.
- IPO Revival: Mainland Chinese firms are driving a revival in Hong Kong IPOs, with January 2026 set to be the busiest month for listings in history, particularly among Chinese tech firms linked to AI and advanced computing, indicating a return of market vitality.
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Analyst Views on JPM
Wall Street analysts forecast JPM stock price to rise
19 Analyst Rating
11 Buy
7 Hold
1 Sell
Moderate Buy
Current: 295.380
Low
260.00
Averages
341.38
High
400.00
Current: 295.380
Low
260.00
Averages
341.38
High
400.00
About JPM
JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. The Company operates through three segments: Consumer & Community Banking (CCB), Commercial & Investment Bank (CIB), and Asset & Wealth Management (AWM). Its CCB segment offers products and services to consumers and small businesses through bank branches, ATMs, digital and telephone banking. Its CIB segment consists of banking and payments and markets and securities services, and offers a suite of investment banking, lending, payments, market-making, financing, custody and securities products and services to a global base of corporate and institutional clients. AWM segment offers investment and wealth management solutions. It offers multi-asset investment management solutions, retirement products and services, brokerage, custody, estate planning, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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