Capital Markets Trading and Investment Strategies in China : A Practitioner's Guide

"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."-- Provided by publisher Annotation 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 Front Matter ....Pages i-xi Building Blocks of an Investment Portfolio (Xiaojiang Zhang)....Pages 1-91 Macro Economics, Monetary Cycle, Industry Cycle, Monetary Condition, Supply and Demand (Xiaojiang Zhang)....Pages 93-140 Applied Pricing Curve in the Market and Term Structures (Xiaojiang Zhang)....Pages 141-165 Regulatory Regime and Some Policies in Focus (Xiaojiang Zhang)....Pages 167-176 Market Participants (Xiaojiang Zhang)....Pages 177-231 China, International Trade and Global Supply Chain (Xiaojiang Zhang)....Pages 233-261 Portfolio Objectives and Trading and Investment Strategies (Xiaojiang Zhang)....Pages 263-327 Risk Management Practice (Xiaojiang Zhang)....Pages 329-331