China's Financial Markets

China's Financial Markets : An Insider's Guide to How the Markets Work

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Description

China's financial markets represent about $2 trillion and are expected to grow to about $10 trillion by 2008. As these markets continue to open to outside investment, a thorough understanding of how they operate will be essential for success. In this book, Salih Neftci, an expert in finance whose teaching and research span North America, Europe and Asia, and Michelle Menager-Xu, a Chinese finance professional currently working in Geneva, bring together an unprecedented collection of Chinese insiders who are experts in their respective industries. These experts provide a detailed description of the banking system, the money, equity, futures, FX, and bond markets, the insurance sector, the mortgage market and mortgage instruments, and the regulators. Readers will learn how each of these financial sectors operates, how the government, regulators, and the central bank are involved, each sector's history, size and projected growth, an analysis of its current situation and discussion of future trends, the major players, and how the game is played. This is a must-read book for financial success in this emerging market.
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Product details

  • Hardback | 416 pages
  • 152.4 x 231.1 x 38.1mm | 793.8g
  • Academic Press Inc
  • San Diego, United States
  • English
  • 0120885808
  • 9780120885800
  • 1,770,311

Review quote

"This timely and comprehensive book is certain to become an essential reference tool for anyone interested in the development of financial markets in China. Its broad and up to date coverage makes it particularly valuable for understanding the rapidly evolving nature of the financial system on the Mainland."
--Hans Genberg, Director, Hong Kong Institute for Monetary Research

"This book is destined to be a standard reference for anyone interested in China's financial markets."
--Herbie Skeete, Managing Director, Mondo Visione Ltd, Publishers of the Handbook of World Stock, Derivative & Commodity Exchanges
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About Salih N. Neftci

Professor Neftci completed his Ph.D. at the University of Minnesota and was head of the FAME Certificate program in Switzerland. He taught at the Graduate School, City University of New York; ICMA Centre, University of Reading; and at the University of Lausanne. He was also a Visiting Professor in the Finance Department at Hong Kong University of Science and Technology. Known his books and articles, he was a regular columnist for CBN daily, the most influential financial newspaper in China. Michelle Yuan Menager-Xu graduated from the School of Business, University of Lausanne, Switzerland. She holds Master's degrees in both Actuarial Science and in Banking & Finance. Michelle is an associate of the Swiss Actuarial Society, and has worked at various consulting firms and in insurance and reinsurance companies in both Switzerland and China. Previously she worked at Swiss Reinsurance Company in Zurich, Switzerland, and was in charge of business in the China Region (Mainland, Hong Kong, Taiwan and Macao), including risk management, reserve issues, and various insurance and bank-insurance product pricing. Currently she is writing her Doctoral Thesis at the Institute of Actuarial Science, Lausanne University. Her research focuses on applications of swaption pricing theory to surrender options found in insurance contracts. Her research areas are: risk management, FX market, Fixed income, financial engineering and tourism economics.
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Table of contents

Ch 1: Introduction and Overview; Ch 2: The structure of the Chinese banking system; Ch 3: Chinese money markets; Ch 4: Chinese equity markets; Ch 5: Chinese futures markets; Ch 6: The FX market; Ch 7: The bond market; Ch 8: The insurance sector; Ch 9: The mortgage market and mortgage instruments; Ch 10: Chinese regulators; Ch 11: Conclusion
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Review Text

"This timely and comprehensive book is certain to become an essential reference tool for anyone interested in the development of financial markets in China. Its broad and up to date coverage makes it particularly valuable for understanding the rapidly evolving nature of the financial system on the Mainland.
--Hans Genberg, Director, Hong Kong Institute for Monetary Research

"This book is destined to be a standard reference for anyone interested in China's financial markets."
--Herbie Skeete, Managing Director, Mondo Visione Ltd, Publishers of the Handbook of World Stock, Derivative & Commodity Exchanges "This timely and comprehensive book is certain to become an essential reference tool for anyone interested in the development of financial markets in China. Its broad and up to date coverage makes it particularly valuable for understanding the rapidly evolving nature of the financial system on the Mainland.
--Hans Genberg, Director, Hong Kong Institute for Monetary Research

"This book is destined to be a standard reference for anyone interested in China's financial markets."
--Herbie Skeete, Managing Director, Mondo Visione Ltd, Publishers of the Handbook of World Stock, Derivative & Commodity Exchanges
show more

Rating details

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