Tony Tsang & team Deutsche Bank

Tony Tsang’s nine-strong Deutsche Bank squad climbs one level to second place. Clients praise the team leader’s “deep understanding of the real estate sector,” and “diligent and pro-active” approach to his work. From offices in Hong Kong, Jakarta, Manila, Mumbai and Singapore, the analysts follow more than 60 stocks — and they are upbeat about the property market in China. “We believe it is unlikely that there will be additional tightening measures by the central government,” Tsang says. “At the same time, mortgage restrictions for first-time homebuyers have been loosened since the beginning of 2012, with lower mortgage interest rates and faster mortgage approval processes.” He also notes that builders have demonstrated a willingness to lower prices, which has spurred sales. “We expect sales volume in the second and third quarters to pick up further, as developers launch more new projects,” the Hong Kong–based leader says. Top picks include China Overseas Grand Oceans Group. The analysts initiated coverage with a buy recommendation in March 2011, at HK$5.19, citing the company’s strong balance sheet and effective leadership. The stock soared 63.8 percent, to HK$8.50, through March 2012. — ­Leslie Kramer