Credit Suisse has brought in two Merrill Lynch veterans to bolster its Hong Kong and property research capabilities.

Clifford Lam joins Credit Suisse as managing director and head of Hong Kong research. His new position includes responsibility for Credit SuisseÆs Hong Kong market strategy and the bankÆs Hong Kong property sector research. Lam will also coordinate its regional property research.

Lam reports directly to Ali Naqvi, Credit SuisseÆs head of equity research in non-Japan Asia and replaces Victor Kwok who retired from the firm over the summer.

Lam spent eight years at Merrill Lynch and was most recently managing director and head of Hong Kong research and property sector. Prior to working for Merrill Lynch, Lam was with CLSA as an analyst. He also brings experience from Ernst & Young as an auditor.

Reporting to Lam will be Louisa Fok, who joins Credit Suisse as a vice president in Hong Kong. She will assist Lam covering the China/Hong Kong property sector research.

At Merrill Lynch, Fok covered the China/Hong Kong property sector and worked for the firm for seven years.