One of China’s most famous investment gurus is a 52-year-old economist at Yingda Securities Co., a medium-size state-owned brokerage in the southern city of Shenzhen. Li Daxiao, or “Admiral Li” as some fans call him, didn’t study finance—he started out as an electrical engineer—and he has never worked in a bulge-bracket firm like Goldman Sachs Group Inc. or even a big Chinese investment bank like CITIC Securities Co.

Source: Wall Street Journal September 11, 2016 09:22 UTC