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Experts

Yishan Cao

Credit Research Analyst
Ms. Cao is a senior vice president and credit research analyst in the Hong Kong office, responsible for the technology, media and telecommunications (TMT), consumer and retail sectors in the Asia-Pacific region. Prior to joining PIMCO in 2012, Ms. Cao was a vice president in Credit Suisse’s investment banking division, where she covered the U.S. retail and consumer industry out of New York from 2007 to 2011 and the China technology industry out of Hong Kong from 2011 to 2012. Previously, she was with Dairy Farm International in Hong Kong, responsible for evaluating business development opportunities in North Asia. She has 19 years of investment experience and holds an MBA from Harvard Business School. She received an undergraduate degree from Princeton University.

Disruptions should lead to opportunities for investors who can identify the likely winners and losers.

The supply-demand imbalance should ease as spending on services outpaces demand for consumer goods in developed markets.

We expect global tech spending to grow, driving demand for semiconductor components and leading to above-trend growth for the sector.

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