Lisa Liao

Lisa Liao is a Senior Associate at the Research Division of Jefferies Hong Kong Limited. Prior to joining Jefferies, she was a Research Associate at Deutsche Bank Hong Kong and ICBC International. She graduated with a Bachelor degree in Economics from Peking University, and an M.S. degree in Finance from the Chinese University of Hong Kong. She passed all three levels of the CFA Program and is a FRM charterholder.

What I am Known For

• An approach to stock ratings focusing on FCF.
• A focus on growth drivers, earnings quality, financial health and consumer behaviour changes.

How I am Different

• Ahead of market consensus in calls on pet food industry, DPC, H&H, and Eastroc, showcasing deep sector knowledge and timely execution.
• Consistent and proactive in expert sourcing and vetting, enabling differentiated insights across F&B, restaurants, and pet food.

Upcoming Corporate & Strategic Access

• Conferences: YUMC, Prada, CTF, Budweiser, Miniso, Galaxy, MGM China, Wynn Macau, SJM at Jefferies Asia Forum (Mar 2025)
• NDRs with DPC, Budweiser, CRB, Weilong and Guoquan. Multiple trips to various cities in China.
• Expert events: Regular channel checks on baijiu, beer, F&B, QSRs, post holiday expert call series