Speaker : Hua He
Date : 11Jun2011 (Sat)
Venue: Y304, Lee Shau Kee Building, Hong Kong Polytechnic University
Lecture : 4:00-5:30pm
Reception : 5:00-6.00pm
Abstract: Global financial industry has experienced profound changes post the 2008 global financial crisis. The industry has since consolidated and de-levered in a significant way. Major financial institutions in the west have suffered from significant losses in shareholders’ equity as well as sharp reduction in their balanced sheets, while most of the financial institutions in Asia have weathered this financial storm relatively unharmed.
Chinese financial institutions have shown to be big winners throughout this crisis. The 4 trillion RMB stimulus plan put forwarded by the Chinese government gives Chinese banks a major lift in their balance sheets. As Chinese companies begin expansions overseas, we have seen a new trend developing – i.e., Chinese financial institutions are rapidly expanding overseas alongside with their corporate clients.
What are the opportunities and challenges for Chinese financial institutions?
Biography: Dr. He received his PhD in Finance from MIT. In his early days of career, Dr. He was highly dedicated to academic research and had published numerous papers in the field of Mathematical Finance. He held tenured finance faculty positions at University of California-Berkeley and Yale University.
Until recently, Dr. He Hua has been a Managing Director at Nomura Securities in Hong Kong, where he held senior positions as head of Fixed-Income and Equity Research for the Asia-Pacific region and as head of China Equity business. Prior to Nomura’s acquisition of Lehman Brothers, Dr He worked at Lehman Brothers for eight years as the Asian head of Fixed-Income and Equity Research. Additionally, prior to joining Lehman Brothers, Dr. He held senior positions at Salomon Brothers and Convergence Asset Management LLC.