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Zezhou Tang汤赜州

Equity analyst in Shanghai, covering AI and consumer. Building Alphaholic on the side. Off the desk: music, photography, snowboarding, and anything else that sounds like fun.

About me Alphaholic

Based in Shanghai

Sitting on a wooden veranda in Japan, a garden behind.
01About

The short version.

I’m an equity analyst at Runzhou Investment in Shanghai. I cover two things: the AI hardware chain — mostly semiconductor materials, equipment and electronics — and consumer, from drinks and snacks to collectible toys and outdoor brands. The rest of my time goes into research tooling. Most of an investment team’s day still runs through inboxes and spreadsheets, and a lot of it can be rebuilt around AI. I do that at the fund, and on my own with Alphaholic.

Getting here took the long way round. A year of equity research at Nomura’s asset management arm, a master’s at London Business School, and before that a scatter of things: product at Tencent, a stretch at an asset manager and a brokerage, private-market investing in London and Beijing. I studied engineering at BUPT, which has nothing to do with any of it.

Further back, I’m the kind of person who wants to try everything: code, markets, music, sport, painting, a bit of each. At university I ran the student union’s arts department: the year-end gala, the singing contest, anything that needed a stage. I still write songs on the guitar, shoot portraits, and spend my winters on a snowboard. I like making things, and I like a good argument about a company.

02Beyond work

Away from the screen.

Some of it since childhood, some of it new.

Migao

My cat, a cream Minuet. Short legs, long coat.

Meet Migao

Snowboarding

Every winter weekend I can get away, I head for the mountains.

See 19 photos

Music

Piano to grade 10 and voice to grade 9. Guitar came after university, for singing along and writing my own songs. Drums for a while, too.

More on music

Racket sports

Tennis, pickleball, table tennis, badminton, padel. If it has a racket, I’ll play.

Photography

Mostly portraits. It started as a hobby, and for a while I also shot for friends and clients. Landscapes when I travel.

See 79 photos

Annualised · 18 months+31.6%

And investing, weekends included.

Reading annual reports on a Sunday is still fun.

See the portfolios
03Projects

Things I’m building.

  1. 01Side project · in daily use

    Alphaholic

    A fund is a loop that turns information into judgment. I’m rebuilding that loop with AI.

    Alphaholic is the workspace I wanted at my own desk: sources, companies, notes, files and AI help in one place, always with a way back to the original evidence. It’s built on language models, retrieval and agent-facing APIs, and it’s where my own research lives.

    alphaholic.app Project notes
    SourcesCompaniesNotesAIJudgment α Alphaholic

    Collect → connect → investigate → decide → revisit

04Experience

Work and study.

Work

  1. 2025 — nowRunzhou InvestmentEquity analyst, global technology & consumerShanghai
  2. 2025DASH ManagementInvestment analyst, global AI & technologyBeijing
  3. 2024 — 25NomuraEquity research analyst, asset managementShanghai
  4. 2023 — 24JD.comInvestment intern, group strategy & investmentBeijing
  5. 2023Roland BergerSummer intern, strategy consultingShanghai
  6. 2023Source Code CapitalInvestment intern, global technologyLondon
  7. —Earlier internshipsDeloitte · SAIF Partners · Caitong Asset Management · Tencent

Education

  1. 2024London Business SchoolMasters in Analytics and ManagementLondon
  2. 2022Beijing University of Posts and TelecommunicationsBEng, e-Commerce EngineeringBeijing

Also

  • 01Roland Berger case competition

    Greater China champion, first of 500 teams. It came with a return offer.

  • 02LBS China Business Forum

    Ran the Technology & Investment panel at the 12th forum: topics, speakers, the day itself.

  • 03EBRD

    Consultant on a project for the European Bank for Reconstruction and Development.

  • 04ABC, A Better Community

    Pro bono consultant. The project was named the best in Beijing that year.

  • 05BUPT student union

    Head of the arts department: the year-end gala, the singing contest, and whatever else needed a stage.

  • 06Two papers as a student

    A thesis on machine learning for A-share asset pricing, and an EI‑indexed conference paper on natural language processing.

  • 07Licences

    Fund and securities practitioner qualifications.

05Contact

Find me.

Happy to talk research, technology, something you’re building, or anything we both like. WeChat is the easiest way to reach me.