Name: Zhengyi Xu
Class Year: 2018
Major: Math
Hometown: Hangzhou
Internship Placement: Shenwanhongyuan Securities, Hangzhou Branch
Job Title: Intern
Location: Hangzhou, China

What’s happening at your internship?

This summer, I am interning in the Investment Banking Department of Shenwanhongyuan Securities. Our team focuses on listing enterprises in NEEQ market (National Equities Exchange and Quotation). NEEQ market is China’s newest stock market. It is an over-the-counter (OTC) market that provides greater depth of financing options for Chinese Mainland small-to-medium enterprises.

In this internship, I have written a report briefing the situation of the gear manufacturing industry in China and analyzing the future development of one enterprise we are current taking charge of; I have finished a proposal for our new project of a clothing manufacture company I was following. Also I am responsible for collecting our previous costumers’ contact information and getting their feedback.

Why did you apply for this internship?

I hope this internship can contribute to my future career. I want to apply for financial mathematics for graduate school, therefore this internship offers me a chance to see what kind of work is done in the investment banking department, and what kind of skills I need to prepare for my future career.

Was there anything special about how you found this internship?

I had an internship in Hongyuan Securities in the summer of my freshman year. That internship was interesting and I had a good experience there communicating with people from the securities industry, so this year I applied for the internship in the Investment Banking Department in Hangzhou Branch. I always want to know about the jobs in finance, specially the job in IBD, and joining in a small group can provide me a chance to get close with my teammates and learn from them, and do more important work.

What has been your favorite part of this internship?

My favorite part of this internship is talking with people from banks, enterprises, and investment companies. From the conversations with those people we get to know what kind of service they need and how to cooperate in the future; from this process, I understand the financial market comprehensively and learn more information about other areas in the finance industry.