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Celebrating 2018’s best sell-side analysts

The StarMine Analyst Awards in Hong Kong have recognized the industry’s best sell-side analysts and top performing sell-side firms. Who are this year’s leading stock pickers and which global investment bank celebrated an unprecedented double triumph?


  1. The Refinitiv StarMine Analyst Awards are globally recognized as the gold standard for measuring the performance of sell-side analysts.
  2. The awards are based on the StarMine Analyst Rankings, which are used by buy-side clients to distinguish the most successful analysts for every company they follow.
  3. Recipients of regional awards included Deutsche Bank Research, which picked up a total of 22 accolades across Hong Kong & China and the Asia region.

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The industry’s best sell-side analysts and sell-side firms have been recognized at the prestigious 2019 StarMine Analyst Awards presentation ceremony in Hong Kong.

The awards are based on the StarMine Analyst Rankings, which measure the performance of sell-side analysts’ buy and sell recommendations relative to industry benchmarks, and the accuracy of their earnings estimates in 14 regions across the globe.

The awards are also based on data from I/B/E/S, the market leading source for analyst estimates.  I/B/E/S collects estimates from 900+ contributors, totaling over 13,000 individual analysts covering over 22,000 active companies – the most in the industry.

The 2019 awards recognized the top performing stock pickers and earnings estimators across categories including:

• Top Overall Earnings Estimator
• Top Overall Stock Pickers
• Top Industry Earnings Estimators
• Top Industry Stock Pickers
• Top Award-Winning Brokers

The ceremony on 30 May also provided sell-side analysts and senior research managers with the opportunity to network and discuss market trends, challenges and opportunities in 2019.

Deutsche Bank triumphs

Those present at the regional awards included senior figures from Deutsche Bank Research after the global banking group secured a total of 22 analyst awards.

Deutsche Bank Research won No. 1 Broker for Asia and Hong Kong & China Region
Deutsche Bank Research won No. 1 Broker for Asia and Hong Kong & China Region. Left to right: Neil Pabari, Head of North Asia, Refinitiv and Joe Liew, Head of Equity Research – Asia Pacific, Deutsche Bank Research

This included the unprecedented feat of winning StarMine’s top Research House award for both Hong Kong & China and the Asia ex-Japan region.

View the full list of Refinitiv StarMine Analyst Awards winners for Asia and Hong Kong & China

Individual winners in Asia included Oscar Yee from Citi Research and James Wang from Deutsche Bank Research, who won the Top Earnings Estimator Award for the Asia region and China & Hong Kong region respectively.

Meanwhile, Howard Lau from HSBC Global Research won Top Stock Picker Award for the Hong Kong & China region.

View photos from the ceremony

Joe Liew, Head of Equity Research, APAC, Deutsche Bank, said: “Ranking first across Asia, Hong Kong and China is an amazing achievement, and I am very proud of our accomplishment.

“It is testament to the caliber of analysts we have in the equity research department across the region, who work tirelessly to analyze latest developments in their stocks and sectors.

“I am excited and optimistic about 2019 given the quadrupling of weight given to China A shares in the MSCI Emerging Markets Index. With a dedicated and experienced research team, we are well placed to continue providing differentiated, thought-leading research to our clients.”

Watch: Forecast Earnings Misses

StarMine analyst rankings

StarMine Analyst Rankings use a rigorous quantitative process to identify the analysts who have consistently been able to forecast companies’ financial results and make effective stock recommendations.

These objective rankings enable buy-side clients to distinguish the most successful analysts for every company they follow. The rankings are particularly important in dynamic markets such as Hong Kong, where obtaining the best information on company results can dramatically improve performance.

Learn more about StarMine and download white papers

The Refinitiv StarMine Analyst Awards are globally recognized as the gold standard in objective measurement of sell-side analyst performance.

The awards recognize the world’s top individual sell-side analysts and firms, and are available to buy-side firms to identify the leading analysts at sell-side firms.

The Refinitiv StarMine Analyst Awards, formerly Thomson Reuters StarMine Analyst Awards, measure the performance of sell-side analysts based on the returns of their buy and sell recommendations relative to industry benchmarks; and the accuracy of their earnings estimates in 14 regions across the globe.

Get more information on the StarMine Analyst Awards


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