GDBA7103

The course starts with the basic theory of financial markets to examine the analytical framework of China's financial market theory, in light of the financial market system and interest rate policies of the United States and Europe. The course focuses on introducing the evolution of China's credit market, bond market, stock market, derivatives market, and securities investment funds market, through analysis of cases. It also emphasizes hot issues in the capital market, such as interest rate liberalization, multi-level capital market construction and structured finance. The course also introduces the financial derivatives market and its application to corporate risk management. Discussions in the class will include cases on Chinese and foreign financial markets, and the latest research results of the academic community. Students will become familiar with the mechanism of China's financial market, and thoroughly understand the operation of capital markets through this course.