Kun Huang emigrated from China to Canada in 1998, became a citizen in 2001, and graduated with honors from the University of British Columbia’s Sauder School of Business in 2006 with a Bachelor of Commerce degree in finance and accounting.
After graduating, Kun was hired by Vancouver-based Eos Funds Limited to conduct investment research on Chinese companies that were going public in the U.S. From 2006-2009 Eos greatly contributed to the Chinese economy by investing in over 25 Chinese companies, the most notable being a $40 million private equity investment Eos arranged for Southwest China Cement to build cement factories in the earthquake ravaged areas of Sichuan.
Kun specialized in conducting “on-the-ground” investment research that included visits to factories, customers, suppliers, and competitors to get a true picture of a company’s financial performance. Often during these visits, Kun found companies were exaggerating their financial performance to attract investment from foreign investors.
By 2009, the practice of inflating earnings became widespread among Chinese companies listed on U.S. and Canadian stock exchanges. Kun’s research thus helped save investors hundreds of millions of dollars by alerting the public to the risks of investing in such companies.