Renowned macroeconomist Tao Dong has joined Freshwater Springs (Hong Kong) Investment, serving as the President of Freshwater Springs (Hong Kong). He will mainly empower the company's investment and client service work from a global macro research perspective. It is understood that Tao Dong has previously served as a director of the China Chief Economist Forum, Chief Economist of Credit Suisse, Vice President of Wealth Management Greater China at the Asia-Pacific region, and Executive Vice President of Wealth Management at UBS after the merger with Credit Suisse. According to information from the Hong Kong Securities and Futures Commission, Tao Dong joined Freshwater Springs (Hong Kong) in August and holds licenses for Type 1 (dealing in securities), Type 4 (advising on securities), and Type 9 (asset management). According to the Freshwater Springs Investment website, the company was established in 2007 and primarily engages in investments in mainland China, as well as developing private equity securities investment, overseas hedge funds, and institutional account business. Freshwater Springs (Hong Kong) was established in 2010, with SPRINGS CAPITAL LIMITED as the controlling shareholder.