Book Title:
Investing in China: New Opportunities in a Transforming Stock Market (Hardcover)
by Winston Ma (Author)
Editorial Reviews:
Product Description
A groundbreaking title that explores the new and developing opportunities for foreign investors in China’s transforming stock and capital markets, at this critical point in their history. The author, Winston Ma, is one of a small number of native Chinese that have worked as an investment banker and practicing capital markets attorney in both the United States and China. He brings a unique and invaluable insight to this increasingly important focus for international investment.
With a copy of Investing in China, you and your colleagues will:
- Acquire a cutting-edge picture of China’s stock market at the birth of a new era.
- Learn to profit from a variety of new financial products accessible through the QFII system, which represent a variety of risk / reward profiles (including warrants, exchange-traded funds, convertible bonds, and principal-protected products).
- Appreciate the increasingly active foreign M&A and MBO markets, as China accelerates both State-Owned Enterprises privatisation and M&A framework modernization.
- Understand the unique trading behaviour and structuring features of the investment vehicles resulting from the ‘Chinese characteristics’ of the market and regulatory landscape.
- Identify the differences between similar investment products in China and in western markets and understand the economic, legal and regulatory reasons for these differences.
- Appreciate the vast new opportunities and prepare for the risks (complexities) brought in by the state share reform of 2005, indisputably the biggest ever reform in market history.
Investing in China presents an accessible format that avoids the need for complex maths – it describes financial products and transactions vividly and conceptually, in addition to necessary quantitative examples. Investing in China – your essential roadmap helping you to profit in China’s rapidly changing market.
About the Author
Winston Wenyan Ma, CFA and Esq., is one of a small number of native Chinese that have worked as an investment banker and practicing capital markets attorney in both the United States and China. He is currently a Vice President at a major multinational investment bank based in New York, where he is a member of an investment banking structuring and solution team across equity, fixed income, M&A and rating advisories. With bar admissions in both China and New York, he worked as a corporate lawyer at Freshfields’ Shanghai Office and Davis Polk & Wardwell’s New York office until 2001. In the spring semester of 2000, Mr. Ma was an international visiting professor at the University of Richmond Law School, teaching a course on China’s Corporations and Securities Laws. He frequently publishes articles on financial innovation matters in industry magazines, and he has spoken on a number of global conferences on structured products, convertible bonds, and emerging markets securitization. Mr. Ma has a MBA degree from the University of Michigan Ross Business School and a Master of Comparative Jurisprudence (MCJ) from the New York University School of Law, where he was a Hauser Global Scholar. Before that, he graduated with a Bachelor of Science and a Bachelor of Law degree from Fudan University Materials Science Department and School of Law respectively in Shanghai, China.