Webinar
Monthly Webinar Series 2021:
Capital Market Development: China and Asia
Starting from 14 January 2021 | Every 2nd Thursday of the month
11:00 am – 12:00 pm, Thursday (Beijing-Singapore Time)
10:00 pm – 11:00 pm, Wednesday (US Time / Eastern Time)
9:00 pm – 10:00 pm, Wednesday (Central Time)
8:00 pm – 9:00 pm, Wednesday (Mountain Time)
7:00 pm – 8:00 pm, Wednesday (Pacific Time)
Financial market development goes hand-in-hand with economic growth. The development of China's capital markets in terms of size, regulations, capability, and efficiency has been impressive. China may now even lead globally in some dimensions, notably e-payments systems. Yet, China's capital markets are still a work-in-progress facing both generic and unique challenges. Other Asian capital markets have even greater uneven development. Some in advanced Asian economies have acquired globally acclaimed reputation and capabilities while various regulatory and structural weaknesses dwarf others. Corporations and investors have been inclined to arbitrage cross-border regulatory and developmental gaps; so the very uneven status of capital markets across Asia is a policy issue for the governments in the entire region and perhaps globally. Analysing the positive and negative lessons in the functioning of Asia's capital markets, and identifying reforms and applications of technology that could further improve Asian capital markets' allocation efficiency, financial inclusion, and forewarning against reforms that might cause problems can benefit practitioners, policymakers and researchers, and can contribute significantly to overall prosperity.
The ABFER and the University of Chicago's Becker Friedman Institute China (BFI-China), in collaboration with National University of Singapore (NUS) Business School, Shanghai Advanced Institute of Finance (SAIF), The Chinese University of Hong Kong (CUHK) Department of Economics, CUHK-Shenzhen and Tsinghua University PBC School of Finance (Tsinghua PBCSF), hope to provide a virtual network to benefit researchers, policymakers, and practitioners from Asia and beyond. Please register in http://abfer.org/events/abfer-events/212:webinarseries2021reg and you will be sent the live webinar link two days before the event.
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An Overview of China's Financial System and Current Challenges
Professor Wei XIONG
Trumbull-Adams Professor of Finance, Professor of Economics, Department of Economics and Bendheim Center for Finance, Princeton University
14 January 2021, 11:00 am (SGT)
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International Implications of China's Central Bank Digital Currency
Professor Darrell DUFFIE
The Adams Distinguished Professor of Management and Professor of Finance at Stanford Graduate School of Business, Professor of Economics (by courtesy) at School of Humanities and Sciences, Stanford University and Senior Fellow (by courtesy) Hoover Institution
4 February 2021, 11:00 am (SGT)
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The SOE Premium and Government Support in China's Credit Market
Professor Jun PAN
Professor of Finance, Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiao Tong University
11 March 2021, 11:00 am (SGT)
Co-author: Mr Zhe GENG
Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiao Tong University
Discussant: Professor Zhiguo HE
Fuji Bank and Heller Professor of Finance and Jeuck Faculty Fellow, Booth School of Business, University of Chicago
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Going Bankrupt in China
Associate Professor Jacopo PONTICELLI
Associate Professor of Finance, Kellogg School of Management, Northwestern University
15 April 2021, 11:00 am (SGT)
Co-author: Assistant Professor Bo LI
Assistant Professor at PBC School of Finance, Tsinghua University
Discussant: Assistant Professor Yueran MA
Assistant Professor of Finance and Liew Family Junior Faculty Fellow, Booth School of Business, University of Chicago
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FinTech Adoption and Household Risk-Taking
Claire Yurong HONG, Xiaomeng LU and Jun PAN (Shanghai Jiao Tong University - Shanghai Advanced Institute of Finance)
Discussant: John CAMPBELL (Harvard University)
17 June 2021, 11:00 am (SGT)
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Digital Payments and Consumption: Evidence from the 2016 Demonetization in India
Sumit AGARWAL (National University of Singapore), Pulak GHOSH (Indian Institute of Management Bangalore), Jing LI (Singapore Management University), and Tianyue RUAN (National University of Singapore)
1 July 2021, 11:00 am (SGT)
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Hidden Non-Performing Loans In China
Tianyue RUAN (National University of Singapore), Ben CHAROENWONG (National University of Singapore) and Meng MIAO (Renmin University of China)
15 July 2021, 11:00 am (SGT)
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Investing with the Government: A Field Experiment in China
Ernest LIU (Princeton University), Emanuele COLONNELLI (University of Chicago) and Bo LI (Tsinghua PBCSF)
12 August 2021, 11:00 am (SGT)
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Session Format
Each session lasts for an hour (30 minutes for the author, 15 minutes for the discussion, 15 minutes for participants' Q&A). Sessions will be recorded and posted on ABFER's web, except in cases where speakers or discussants request us not to.
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Registration
Please register in http://abfer.org/events/abfer-events/212:webinarseries2021reg. A unique Zoom webinar link will be sent to you two days before the event. (Notice: Videos and screenshots will be taken during each session for the purpose of marketing, publicity purposes in print, electronic and social media)
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Organizing Committee
Zhiguo HE, Jun PAN, Michael SONG, Bernard YEUNG, Bohui ZHANG, Xiaoyan ZHANG (co-chaired by Zhiguo HE and Bernard YEUNG)
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Hosting Organizers
ABFER and University of Chicago's Becker Friedman Institute China (BFI-China)
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Collaborating Organizers
National University of Singapore (NUS) Business School, Shanghai Advanced Institute of Finance (SAIF), The Chinese University of Hong Kong (CUHK) Department of Economics, CUHK-Shenzhen and Tsinghua University PBC School of Finance (Tsinghua PBCSF)
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Event Website: http://abfer.org/events/abfer-events/monthly-webinar-series/211:webinarseries2021