Zheshang Asset Management appoints Lou Xiaoping as chairman and general manager
On September 23, 2026, Zheshang Securities Asset Management announced that Sheng Jianlong stepped down as chairman and general manager due to a work adjustment, effective September 22. Lou Xiaoping, vice president of Zheshang Securities, was appointed to both roles. Lou has over 30 years of securities industry experience and previously held senior positions at Zheshang Securities and its affiliates. The change was approved by the company's board and filed with regulators.
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Zheshang Asset Management appoints Lou Xiaoping as chairman and general manager
Zheshang Securities Asset Management (Zheshang Asset Management) announced on September 23 that Sheng Jianlong has left his positions as chairman and general manager due to a work adjustment, effective September 22, 2026, with no other role at the company. Lou Xiaoping has been appointed as the new chairman and general manager. Lou, born in 1968, has over 30 years of securities industry experience, having held roles at Shenyin & Wanguo Securities, Zhongfu Securities, and Shanghai Securities before joining Zheshang Securities in 2008. At Zheshang, he served in various positions including deputy general manager of the brokerage business department and general manager of the business management innovation headquarters. He became a director and deputy general manager of Zheshang Asset Management in 2013, acted as interim general manager in 2018, and was appointed chairman of Zheshang Capital in December 2022. In February 2024, he was named vice president of Zheshang Securities. Zheshang Asset Management, a wholly owned subsidiary of Zheshang Securities founded in April 2013 with a registered capital of 1.2 billion yuan and about 150 employees, manages securities asset management, public securities investment fund management, and entrusted insurance fund management. It recently launched the CSI Zhejiang Phoenix Action 50 Index and plans to issue an ETF fund.
Read sourceZheshang Securities VP Lou Xiaoping Appointed Chairman and GM of Zheshang Asset Management
On September 24, Zhejiang Zheshang Securities Asset Management Co., Ltd. (Zheshang Asset Management) announced a leadership change. Sheng Jianlong has stepped down as chairman and general manager due to a work adjustment. Lou Xiaoping has been appointed as the new chairman and general manager of the firm. According to his biography, Lou Xiaoping has held various senior roles at Zheshang Securities, including deputy general manager of the brokerage business headquarters, general manager of the business management innovation department, and general manager of the brokerage business operations support center. He also served as deputy general manager, executive deputy general manager, and board secretary at Zheshang Asset Management, as well as legal director at Zheshang Securities. Additionally, he was chairman and general manager of Zheshang Capital and chairman of Zheshang Innovation Capital. He currently serves as vice president of Zheshang Securities, in addition to his new roles at Zheshang Asset Management. The report is sourced from National Business Daily.
Read sourceZheshang Asset Management appoints Lou Xiaoping as chairman and general manager
On September 23, Zhejiang Zheshang Securities Asset Management Co., Ltd. announced a leadership change, with Lou Xiaoping appointed as chairman and general manager effective September 22, replacing Sheng Jianlong, who left due to a work adjustment. The change was approved by the company's third board of directors' 46th meeting and filed with regulators. Sheng had led the firm for over seven years, driving its transformation under new asset management regulations and focusing on public fund, specialized, and high-quality development, while stabilizing fixed-income business and expanding FOF and index products. Lou, a veteran with securities and fund qualifications, has held various roles at Zheshang Securities and its affiliates, including deputy general manager of Zheshang Asset Management and chairman of Zhejiang Zheshang Capital Management. As of June 2026, the firm managed 95.46 billion yuan in assets, up 5.71% from the start of the year, with equity product assets surging 48.54% to 10.975 billion yuan. First-half 2026 revenue was 176 million yuan, with net profit of 41.0228 million yuan. The company's FOF business exceeded 7.284 billion yuan, up 51% year-to-date. Analysts view the change as a normal internal adjustment, with Lou expected to maintain strategic continuity and drive innovation, though challenges remain in expanding equity scale and balancing growth with profitability.
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Zheshang Asset Management appoints Lou Xiaoping as chairman and general manager
On September 23, Zhejiang Zheshang Securities Asset Management Co., Ltd. (Zheshang Asset Management) announced a senior management change. Lou Xiaoping assumed the roles of chairman and general manager effective September 22, 2026, replacing Sheng Jianlong, who left due to a work adjustment and will not hold any other position at the company. Lou Xiaoping, born in 1968, has over 30 years of experience in securities and funds. He joined Zheshang Securities in 2008 and moved to Zheshang Asset Management in 2013, serving in various roles including deputy general manager and board secretary. He was appointed vice president of Zheshang Securities in February 2024. Sheng Jianlong had served as chairman since 2018 and concurrently as general manager since February 2019, during which he focused the company on public fund, specialized, and high-quality development. The change was approved by the company's third board of directors' 46th meeting and filed with regulators. Zheshang Asset Management, a wholly-owned subsidiary of Zheshang Securities, reported total assets of 1.939 billion yuan and managed assets of 95.46 billion yuan as of June 30, 2026, with revenue of 176 million yuan and net profit of 41.0228 million yuan in the first half of 2026.
Read sourceZheshang Asset Management appoints Lou Xiaoping as chairman and general manager
On September 24, Zhejiang Zheshang Securities Asset Management Co., Ltd. announced a senior management change. Chairman and General Manager Sheng Jianlong stepped down due to a work adjustment, and Lou Xiaoping was appointed as both chairman and general manager, effective September 22, 2026. Lou Xiaoping is a securities industry veteran with over 30 years of experience, having joined Zheshang Securities in 2008 and served in various roles including deputy general manager of Zheshang Asset Management. He previously acted as general manager in 2018. Sheng Jianlong, a senior executive who joined Zheshang Securities in 2006, had led the company since 2018. The leadership change comes as Zheshang Asset Management, which is wholly owned by Zheshang Securities and had assets of 30.2 billion yuan as of Q2 2026, faces a need to diversify its business. The company's fixed-income products account for nearly 88% of its scale, and the new leadership is expected to focus on expanding equity products while maintaining fixed-income strengths.
Read sourceZheshang Securities Asset Management Changes Leadership: Sheng Jianlong Out, Lou Xiaoping In
On September 23, Zhejiang Zheshang Securities Asset Management Co., Ltd. announced a senior management reshuffle. Sheng Jianlong, who held both chairman and general manager roles, left his positions on September 22, 2026, due to a work adjustment and will not take other roles within the company. Lou Xiaoping has been appointed as the new chairman and general manager. Lou has extensive experience in securities and asset management, having worked at Shenyin & Wanguo Securities, Zhongfu Securities, and Shanghai Securities, and held various positions within the Zheshang Securities system, including deputy general manager of the brokerage business headquarters, general manager of the business management innovation department, and deputy general manager of Zheshang Asset Management. He currently also serves as vice president of Zheshang Securities. Sheng Jianlong, who had led Zheshang Asset Management since 2018, focused the firm on public fund, specialized, and high-quality development, building advantages in FOF investment and index fund development. Zheshang Asset Management, a wholly-owned subsidiary of Zheshang Securities, reported total assets under management of 95.46 billion yuan as of June 30, 2026, up 5.71% from the start of the year, with equity product assets growing 48.54% to 10.975 billion yuan.
Read sourceZheshang Securities Asset Management Appoints Lou Xiaoping as Chairman and General Manager
On September 23, Zhejiang Zheshang Securities Asset Management Co., Ltd. announced a senior management reshuffle. Sheng Jianlong stepped down as both chairman and general manager on September 22, 2026, due to a work adjustment, and will not hold any other position within the company. Lou Xiaoping has been appointed as the new chairman and general manager effective the same day. Lou holds dual securities and fund qualifications and has extensive experience in the securities and asset management industry, having previously served at Shenyin & Wanguo Securities, Zhongfu Securities, and Shanghai Securities, as well as various roles within the Zheshang Securities system, including deputy general manager of the brokerage business headquarters, general manager of the business management innovation department, and deputy general manager of Zheshang Asset Management. He currently also serves as vice president of Zheshang Securities Co., Ltd. Sheng Jianlong had served as chairman since 2018 and added the general manager role in February 2019, during which he focused on public fund-oriented, differentiated, and high-quality development, building advantages in FOF investment and index fund development. Zheshang Asset Management, a wholly-owned subsidiary of Zheshang Securities, reported total asset management scale of 95.46 billion yuan as of June 30, 2026, up 5.71% from the start of the year, with equity product scale reaching 10.975 billion yuan, a 48.54% increase.
Read sourceZheshang Asset Management appoints Lou Xiaoping as chairman and general manager
On September 23, Zheshang Securities' subsidiary, Zheshang Asset Management, announced a leadership change. Lou Xiaoping has been appointed as the new chairman and general manager, succeeding Sheng Jianlong. Lou Xiaoping, born in 1968, has over 30 years of experience in the securities industry. His career includes roles at Shenyin & Wanguo Securities, Zhongfu Securities, and Shanghai Securities. He joined Zheshang Securities in 2008 and has held various positions, including deputy general manager of the brokerage business department and general manager of the business management innovation headquarters. He became a director and board secretary of Zheshang Asset Management in 2013, and served as acting general manager in 2018. In December 2022, he was appointed chairman of Zheshang Capital, and in February 2024, he was appointed vice president of Zheshang Securities. He now concurrently serves as vice president of Zheshang Securities, and chairman and general manager of Zheshang Asset Management. The article is sourced from China Business News.
Read sourceVeteran Lou Xiaoping Returns to Lead Zhejiang Securities Asset Management Amid Fund Challenges
Zhejiang Securities Asset Management (Zhejiang Shang Ziguang) has appointed Lou Xiaoping as both chairman and general manager, effective September 22, 2026, replacing Sheng Jianlong who left due to a work adjustment. Lou, a veteran of the securities industry, has held various roles at Shenyin & Wanguo Securities, Zhongfu Securities, and Shanghai Securities, and previously served in multiple senior positions within the Zhejiang Securities system. The company, a wholly-owned subsidiary of Zhejiang Securities founded in 2013, is one of the first券商 asset management subsidiaries in China and the fourth to obtain a public fund license. However, it faces significant challenges: while total assets under management reached nearly 400 billion yuan by Q3 2024, equity funds account for less than 5% of the total. Seven non-sponsor equity funds have assets under 50 million yuan, and one sponsor fund is under 24 million yuan. Fund performance is highly polarized, with the best fund up 41.65% year-to-date and the worst down 27.86%, a gap of nearly 70 percentage points. Several funds have underperformed their benchmarks significantly.
Read sourceZheshang Securities VP Lou Xiaoping Appointed Chairman and GM of Zheshang Asset Management
On September 24, Zhejiang Zheshang Securities Asset Management announced that Lou Xiaoping, Vice President of Zheshang Securities, has been appointed as Chairman and General Manager of Zheshang Asset Management. According to his resume, Lou previously held various senior roles at Zheshang Securities, including Deputy General Manager of the Brokerage Business Headquarters, General Manager of the Business Management Innovation Department, and General Manager of the Brokerage Business Operations Support Center. He also served as Deputy General Manager, Executive Deputy General Manager, and Board Secretary of Zheshang Asset Management, as well as Legal Director of Zheshang Securities. Additionally, he was Chairman and General Manager of Zheshang Capital and Chairman of Zheshang Innovation Capital. The article is sourced from the Daily Economic News and published on East Money's A-share companies section.
Read sourceLou Xiaoping Appointed Chairman and General Manager of Zhejiang Zheshang Asset Management
On September 23, Zhejiang Zheshang Securities Asset Management Co., Ltd. (Zheshang Asset Management) announced a senior management change. Lou Xiaoping has been appointed as the company's chairman and general manager, replacing Sheng Jianlong, who left due to work reasons. Lou Xiaoping's extensive career includes roles at Hangzhou Pipeline Gas Company, Shenyin & Wanguo Securities, Zhongfu Securities, Shanghai Securities, and Zheshang Securities. He previously served as deputy general manager, executive deputy general manager, and board secretary at Zheshang Asset Management, as well as legal director at Zheshang Securities, and chairman and general manager of Zheshang Capital. He currently holds the positions of vice president of Zheshang Securities and chairman and general manager of Zheshang Asset Management. As of June 30, 2026, Zheshang Asset Management reported total assets of 1.939 billion yuan. In the first half of 2026, the company achieved operating revenue of 176 million yuan and net profit of 41.0228 million yuan.