Description
This book covers in detail the building blocks of Chinese capital markets at the financial instrument level, the analytical pricing term structure of those instruments, the macro and industry economic framework and progress of the liberalization processes at work in the respective markets, the interaction of various participants in the markets, their trading and investment objectives and rationales, some of the most frequently applied trading and investment strategies, and risk management techniques. The book will especially benefit financial practitioners with in-depth knowledge of their respective capital markets area regarding foreign exchange, money markets, fixed income, and related derivatives, and who have a keen interest in gaining deeper insights into the Chinese market so as to develop or strengthen their global strategy application and risk management practice. After graduating from Carnegie Mellon, Xiaojing Zhang worked at various global financial institutions, including HSBC, ABN AMRO, TIAA-CREF, and Lehman Brothers in the areas of foreign exchange, fixed income, derivatives trading, and portfolio management. Since returning to China, he has been working in the banking industry, as a front office business architect in global capital markets department, consolidating international and domestic business practice, covering foreign exchange, money markets, derivatives, fixed income trading and portfolio management.
