Longhai Qian is the Chairman of the Supervisory Board of First Capital Securities Co. (FCSC), a top Chinese investment bank and financial services company listed in the Shenzhen Stock Exchange. He is currently a visiting professional specialist at Princeton University’s Center on Contemporary China. Prior to visiting Princeton, Mr. Qian had been the CEO of FCSC for sixteen years since its inception in 2002. He is currently a council member of the Securities Association of China (SAC), the founding chairman of the Fixed-Income Division Committee of SAC, a vice president of the Shenzhen Securities Association, and a council member of Chinese Economists 50 Forum Entrepreneur Committee.
Qian is a pioneer in the financial securities industry in China and has rich experience in managing financial firms. Under his leadership, FCSC has been transformed from a small local brokerage agency of a few dozen employees to a premier public investment banking corporation with more than 4,000 employees and offices in more than 40 cities nationwide. FCSC constantly strives to become “China’s first class bond trading services provider”, and provides a full spectrum of financial services ranging from bond underwriting, bond sales, market making transactions, asset management, to macro and credit research. Since entering the inter-bank market in 2003, FCSC’s cash bond trading volume has consistently ranked among the top five securities firms in China. In recent years, the aggregate bond underwriting steadily amounted to more than RMB 1 trillion ($160 billion).
Qian received his master’s degree from the Capital University of Economics and Business, and completed a year-long professional education in finance in McGill University. He is the coauthor of China Bond Market: 2017 (China: Social Science Academic Press) and author of Operation and Planning of Modern Enterprise System (1994) (China Commercial Publishing House). His current research interests include Environmental, Social, and Governance (ESG) investment, green finance, China bond market, and the global demand of institutional investors.