Du (Drew) Li

Experience

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  Swiss Re

  Jun 2016 - Jul 2016

  Reserve Intern

  • Studied and recapitulated the company’s 400-page reinsurance guide, Principles of Traditional Non-Life Reinsurance; presented the result to staff and managers, the text archived for future trainings and references• Translated and edited a presentation titled International Insurance Capital Regulation and C-ROSS that was presented during 2016 national Development Forum hosted by the China Association of Actuaries

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  International Rescue Committee

  Jan 2017 - Feb 2017

  Tax Assistant

  • Interviewed clients to collect their basic information related to tax filing• Helped clients to file their tax returns to IRS according to their profile

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  CICC - Qianhai

  Jul 2017 - Aug 2017

  Research Assistant, Venture Capital Department

  • Investigated target start-ups, exercised due diligence including business highlights, market share, team background, financing status and demand, revenue and earning, and competitiveness of the companies, etc.; participated in investment decisions• Prepared pitch books for the investment team, drafted information memos, and conducted follow-up surveys on target companies

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  CICC

  Jul 2018 - Aug 2018

  Cross-Border M&A Intern, Investment Banking Department

  • Drafted more than 20 investment teasers; performed valuation using DCF, and acted as liaison in cross-border M&A projects• Used Dealogic, Capital IQ and Thomson One to collect transaction data, financial data, and research reports of target companies• Prepared M&A Weekly Vol. for 3 weeks, contents including overview of China domestic M&A transactions and oversea M&Atransactions, underlying rationale of the transactions, and transactions highlights, etc.

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  CITIC Securities Company Limited

  Aug 2018 - Sept 2018

  Summer Intern, Asset Management Department

  • Collected and rectified information about 22 companies whose credit loans formed an ABS bond security issued by CITICS; loans totaling 35 billion yuan and information including loan amount, credit rating, collaterals, equity structure, etc.• Wrote financial and operational analysis for each of the 22 companies including solvency analysis, profitability analysis, competitive power, and lines of credit, etc.• Gave a presentation to the management team on how one of the clients finished its bridge loan and minimized its credit risk Show less

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  中金公司

  Jul 2020 - Sept 2020

  Asset Allocation Intern, Asset Management Department

  • Researched on financial applications of machine learning, including financial time series classification, triple-barrier labelling, forecasting accuracy boosting by bagging, and feature importance, etc.; used Python for implementation and data processing• Predicted the price trend of deformed steel bar futures using the weighted voting result of SVM, Random Forest, and AdaBoost classifiers, mock traded using trading strategies based on predictions, yielded a 15.67% annualized return and a 2.62 Sharpe ratio• Used data from Oracle and Wind to compute and analyse the real time PL contribution of each future and cash asset to a portfolio Show less

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  中信建投证券

  Nov 2020 - Jan 2021

  Convertible Bond Research Assistant, Derivatives Trading Department

  • Conducted research on CBs, including clause game, pricing models, valuation factors, and trading strategies, etc.• CB multifactor strategy research: Selected factors with strong predicting ability on CB return, conducted data processing, andbacktested multi-factor strategies on CB trading; the final strategy yields an annualized return of 28.76% and a Sharpe ratio of 1.14

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  中信证券

  Apr 2021 - now

  Convertible Bond Researcher/Equity Researcher, Asset Management Department

  • CB research: Cover CBs of new energy, auto, TMT, power utility, and consumption sectors, etc., constantly conduct research on underlying stocks and sector rotation, perform credit analysis, compose in-depth research reports, apply quantitative models to make stock selection, and offer investment advices; research methodology mainly bases on equity research methods, including financial modeling, financial statement analysis, company news and announcement follow-up, and macroeconomic analysis, etc.• Manage three CB sub-accounts with a total scale over 200 million CNY, yielded excess return over benchmark since establishment• Excavate and assess CB block trade and private exchangeable bond investment opportunities; 20+ deals had been completed• Equity research: Covered retail sector, including platform e-commerce, jewellery, traditional retailing, and fashion retailing, etc. Show less