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

Chinas Financial Markets: An Insiders Guide to How the Markets Work Salih N. Neftci and Michelle Yuan Menager-Xu 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 Among the hundreds of books about doing business in China, this book stands out. It is a comprehensive and careful description of each sector of China's financial markets, written by insiders--Chinese executives and officials in these sectors. Translated into English and carefully edited by finance professionals Salih Neftci and Michelle Yuan Menager-Xu, this book provides a look into the details of China's financial markets that outsiders could never access on their own. Salih Neftci, an expert in finance whose teaching and research span North America, Europe and Asia, and Michelle Yuan Menager-Xu, a Chinese finance professional currently working in Geneva, bring together an unprecedented collection of Chinese insiders to 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 sectors 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. The book includes a CDROM that contains English translations of key regulations in the financial markets not available elsewhere. This is a must-read book for serious finance professionals seeking financial success in this emerging market. Salih N. Neftci teaches at the Graduate School, City University of New York, ICMA Centre, University of Reading, UK, and at the Hong Kong University of Science and Technology, Hong Kong. Michelle Yuan Menager-Xu teaches at IFM, Geneva, and is a Senior Financial Consultant at Ruiji-Regis, a major consulting firm based in Shanghai, China (www.ruiji-regis.com). [Inside front jacket flap] Chinas Financial Markets: An Insiders Guide to How the Markets Work Salih N. Neftci and Michelle Yuan Menager-Xu Table of Contents Ch 1 An Overview of Chinas Financial Markets --Lisheng Liu, Renmin University and Wuhan University, and Officer of the International Cooperative Department in the China Securities Regulatory Commission Ch 2 Chinas Money Markets --Xu Zheng, Fund Manager for Yin Hua Fund Management Company Ch 3 Chinas Money Markets: Policies and the Banks --Thom Thurston, CUNY Ch 4 Chinas Foreign Exchange Markets --Yan Le, Deputy General Manager, Bank of China Trading Centre Ch 5 Chinas Bond Markets --Jiachun Le, Senior Editor and Reporter, Shanghai Securities News Ch 6 Chinas Convertible Bond Market --Qiang Liu, University of Electronic Science and Technology of China Ch 7 Chinas Equity Markets --Wentao Tan, Treasury Dealer, Malayan Banking Berhad, Shanghai Branch Ch 8 A History of Chinas Stock Markets --Wentao Tan, Treasury Dealer, Malayan Banking Berhad, Shanghai Branch Ch 9 Chinas Futures Market --Wentao Tan, Treasury Dealer, Malayan Banking Berhad, Shanghai Branch Ch 10 Chinas Derivatives Markets --Michelle Yuan Menager-Xu, IFM, Geneva, and Senior Financial Consultant, Ruiji-Regis, Shanghai Ch 11 Chinas Mortgage and Housing Market --Wu Xu Chuan, PeNeftci, Salih N. is the author of 'China's Financial Markets An Insider's Guide to How the Markets Work', published 2006 under ISBN 9780120885800 and ISBN 0120885808.