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Industries: Public Utilities - Third

    THIRD TEAM

    Angello ChanBofA Merrill Lynch Global Research

    Angello Chan rises from runner-up to third place. The BofA Merrill Lynch Global Research analyst is hailed as “the only consistent bear on new energy stocks.” Case in point: In November, Chan initiated coverage of Xinjiang Goldwind Science & Technology Co., a wind-turbine manufacturer headquartered in Ürümqi, Xinjiang, with an underperform rating, at HK$19.12, on industry overcapacity. By the end of April, the stock had plummeted 43.8 percent, to HK$10.74, and lagged the sector by 46.9 percentage points. “He’s a hard worker who never fails to answer questions promptly,” explains another follower.

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