From 1987 to 199 1, Cai Hongping worked in the Industrial and Traffic Management Committee of Shanghai Municipal Government and Shanghai Petrochemical Company, and participated in the whole process of Shanghai Petrochemical Company's listing in Hong Kong and the United States.
In the following five years, he served as a member of the Steering Group for Overseas Listing of China Enterprises of the State Commission for Economic Restructuring of the State Council and chairman of the joint meeting of the secretaries of the board of directors of China H-share companies.
1997, joined the investment bank of peregrine. In March 2006, Cai Hongping switched to UBS Investment Bank and became the chairman of UBS Investment Bank in China. This year, he was promoted to chairman of the Asian region.
From April 20 15 to March 20 16, he was employed as an external director of China Minmetals Corporation.