From 2003 to 2006, Horrocks served as Chief Investment Officer for Everbright Pramerica in China, establishing its quantitative investment process.

FORBES: Connect

One recent GEM offering, telecom solutions provider Neolink Cyber Technology, was undersubscribed, forcing co-sponsor China Everbright Securities to take up 55 million unsold shares.

CNN: World's Worst Bourse?

"When I first looked at the company, I didn't like it, " admits analyst Jack Tsui of China Everbright Capital, the lead underwriter of the company.

CNN: China's Rarest Man

True, Agricultural Bank achieved the world's largest initial public offering just last month, and on August 18th China Everbright Bank, another lender, enjoyed a strong debut in Shanghai.

ECONOMIST: Chinese banks are undergoing an odd kind of bail-out