The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Zhang Liping and Janice Hu: quietly getting deals done

Why the China rainmaker just won’t go awayThe ins and outs of mandate hunting

Lee Zhang: at the top of the Deutsche tree I Fang Fenglei and Fred Hu: one bank, two rainmakers I Henry Cai: a new breed of dealmaker

Zhang Liping, Credit Suisse

Zhang Liping: reputation built on getting deals done

Zhang Liping and Janice Hu of Credit Suisse are China’s quiet rainmakers. Both shy away from the limelight, preferring to let their deal records speak for themselves. They also embody two diverse but equally effective strains of rainmaker.

Zhang seems to have been around for ever, having worked on many of the landmark stock sales of state-run mainland firms in the 1990s.

Like Merrill Lynch’s Erhfei Liu, another oft-cited China rainmaker who is currently moving to a more private equity-focused position at his bank, Zhang is not a so-called princeling, one of the coterie of bankers, financiers, and social and business climbers related to senior Beijing mandarins.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree