9th Annual Conference
Academic Luncheon Keynote by Professor Zhiguo He
The Status of Capital Market in China and Pending Issues
Shangri-La Rasa Sentosa, 101 Siloso Road, Sentosa, Singapore 098970
"The Status of Capital Market in China and Pending Issues"
Professor Zhiguo HE
Fuji Bank and Heller Professor of Finance and Jeuck Faculty Fellow, Booth School of Business, University of Chicago and Senior Fellow, ABFER
Zhiguo HE is interested in the implications of agency frictions and debt maturities in financial markets and macroeconomics with a special focus on contract theory and banking. His recent research focuses on the role of financial institutions in the 2007/08 global financial crisis. He is conducting academic research on Chinese financial markets including the stock market, local government debt, shadow banking, and interbank markets together with recent regulation changes. Professor He has also been writing academic articles on new progress in the area of cryptocurrency and blockchains.
His research has been published in leading academic journals including the American Economic Review, Econometrica, Review of Economic Studies, Journal of Finance, Review of Financial Studies, Journal of Financial Economics, American Economic Journal: Macroeconomics, and Management Science. He has been an associate editor for the Review of Financial Studies and Management Science and currently serves as an associate editor for the Journal of Finance. He serves as the guest editor of the Review of Finance for the “Special Issue on China” in 2020-2021, and will be serving as the Editor for the Review of Asset Pricing Studies starting July 2021.
Professor He received his bachelor and master degrees from the School of Economics and Management at Tsinghua University before receiving his PhD from the Kellogg School of Management at Northwestern University in 2008. He has been named a 2014 Alfred P. Sloan Research Fellow, and has won numerous awards for his outstanding scholastic record, including the Lehman Brothers Fellowship for Research Excellence in Finance in 2007, the Swiss Finance Institute Outstanding Paper Award in 2012, the Smith-Breeden First Prize in 2012, and the Brattle Group First Prize in 2014. Before joining the Chicago Booth faculty in 2008, he worked as a stock analyst at the China International Capital Corporation in Beijing in 2001 and visited the Bendheim Center for Finance at Princeton University as a post-doctoral fellow.
In Autumn 2015 Professor He was the Dean’s distinguished visiting scholar at Stanford University, Graduate School of Business, and in winter 2020 he is a visiting professor of finance at Yale University, School of Management. In January 2020, he testified at U.S.-China Economic and Security Review Commission (USCC) Hearing on “China’s Quest for Capital: Motivations, Methods, and Implications.”
Professor Randall MORCK
Stephen A. Jarislowsky Distinguished Chair in Finance and Distinguished University Professor, University of Alberta, Exco Member and Senior Fellow, ABFER
Randall MORCK holds the Stephen A. Jarislowsky Distinguished Chair in Finance and a Distinguished University Professorship at the University of Alberta’s Alberta School of Business. He earned an honors B.Sc. summa cum laude in applied mathematics and economics at Yale and a Ph.D. in economics at Harvard. He returns periodically to both almae matres – most recently as William Lyon Mackenzie King Visiting Professor at Harvard in 2005 and as Schoen Visiting Professor of Finance at Yale in 2009. Prof. Morck is a Senior Fellow and Vice President of the Asian Bureau of Financial and Economics Research, Research Associate with the National Bureau of Economic Research, Research Associate with the European Corporate Governance Institute, Senior Research Associate in Harvard Law School’s Labor and Worklife Program, and Inaugural Fellow with the International Corporate Governance Society. Google Scholar records almost 36,000 citations to his over 100 research articles, and the Social Sciences Research Network ranks him the 54th most highly cited of 8,000 economics author worldwide. His articles appear in leading research journals including the American Economic Review, Journal of Finance, Review of Financial Studies, and Journal of Financial Economics, in which two won “citations all-star award”. In recent years he has spoken at Brown, Cambridge, Colombia, Cornell, Dartmouth, Harvard, HEC, LSE, MIT, New York University, Princeton, Stanford, the University of California at Berkeley, Yale, and other leading research universities. He is a frequent speaker at conferences in North America and abroad and has advised a number of governments as well as the IMF and World Bank.