Seminar on The world Economy after the Sub-prime Loan Crisis
Recent crisis of Sub-prime Loan has created great Market Turmoil. All Global major capital markets have suffered great loss. The public and the supervisory bodies of many countries come to realize that they know too little about the operation of the derivative market and hedge funds related or unrelated to the sub-prime loans. Many Rating agencies give no prior warnings or signals on that.
Particularly a lot of trade surplus countries and their financial institutions bought lion’s share of sub-prime related financial instruments. Great loss to them seemingly is inevitable. They are outraged as the transparency of the hedge funds is low despite their repeated requests to the US to improve. The Federal Reserve Bank’s slow reaction is further irritating them.
Yet, in the past few days, the market restores their confidence and the markets rebound. Then, what are the future developments? Are there any changes or potential risks before the end of this year? What are the trade surplus countries’ expectations? Will the US’s supervisory bodies respond to the requests? HKUGA are very honored that two speakers with practical experience and in-depth understanding of the issue have consented to give us a presentation.
Mr. Charles Lo, a senior member of HKUGA, is a well-experienced Investment manager having been working in different famous and international Investment houses. He has an in-depth understanding of the operation of the world capital markets and also is a professional with a series of qualifications in the industry. From time to time his views and comments are reported in the media.
Dr, K C Law, Chief Economist & Strategist of Bank of Communications HK is also a graduate of University of Hong Kong. His articles and comments can often be seen in different newspaper and heard from the media. His CV with details is attached.
Date: Friday, 7th September 2007
Time: 6:30pm – 9:00pm
Venue: East Lake Restaurant, 4/F, Pearl City, 22-36 Paterson Street, Causeway Bay
Fee: HK$200 (Members); HK$300 (Non-members), Chinese dinner included.
For enquiries, please call Mr. Allen Fung at 9256-1821. Thank you very much.