Jefferies has recruited four senior research analysts to the firm's Hong Kong office. Julian Bu has joined as head of China industrials and co-head of Asian conglomerates equity research, arriving from Macquarie where he was head of conglomerates, Asia. Jessie Guo comes in as head of Asia consumer equity research, having been brought in from HSBC, where she covered consumers research in greater China. Johnson Leung joins as head of Asia transport equity research, arriving from Tufton Oceanic, a maritime-focused hedge fund, where he was a senior shipping analyst. Laban Yu has been appointed head of Asia oil and gas equity research, arriving from Macquarie Securities, where he covered the China oil and gas sector.