Dean's Distinguished Chair Professor of Finance, Associate Dean for Business Scholars Program, Associate Dean for Alumni Affairs and the Development Foundation, Director of the Family Business Research Center, CKGSB
PhD, Yale University
Asset Pricing, Continuous-Time Finance, Credit Risk, Financial Engineering and Derivatives, Financial Management, Hedge Funds, Insurance, Investment, Option Pricing, Term Structure
By Li Haitao, Dean’s Distinguished Chair Professor of Finance and Associate Dean at CKGSB, and Lin Xi, Research Associate at CKGSB In 2022, China’s stock market experienced downward due to pandemic lockdowns, the real estate crisis, and external market risks. However, with adjustments and introduction of a series of new policies at the end of …
Continue reading “China’s Tech and Consumer Stocks Will Drive Recovery in 2023”
Intensive programs to deep-dive into unicorn-making
Li Haitao – Dean’s Distinguished Chair, Professor of Finance, Associate Dean for the Business Scholars Program, CKGSB China’s economy is gradually moving away from its old growth model based on foreign exchange earnings, real estate, and infrastructure and gravitating towards a new economic model sustained by consumption and manufacturing. How does China deal with its huge amount …
Li Haitao, Dean’s Distinguished Chair Professor of Finance, Associate Dean for Business Scholars Program, CKGSB Lin Xi, Research Assistant, CKGSB The recent problem of unfinished buildings in Chinese cities has attracted widespread attention, as any changes in China’s real estate industry affects the country’s economy. Since 2017, China’s real estate investment has been continuing to rise …
Continue reading “How Changes in Real Estate Will Affect China’s Economy”
Dr. Li Haitao – Dean’s Distinguished Chair Professor of Finance at Cheung Kong Graduate School of Business China’s economy is facing many challenges from a number of factors including Federal Reserve interest rate hikes, the Russia-Ukraine war, Covid-19 restrictions, and rising inflation. Can China’s economy make a recovery? What are some of the problems with the …
Continue reading “What Problems Does China’s Economy Face After COVID-19 Restrictions?”
Li Haitao, Dean’s Distinguished Chair Professor of Finance, Associate Dean for Business Scholars Program, Associate Dean for Alumni Affairs and the Development Foundation, Director of the Family Business Research Center, CKGSB China will play a vital role in encouraging more RCEP members to engage in building a better cross-border digital payment system. The Regional …
Continue reading “China’s Leading Role in Building RCEP’s Cross-Border Digital Payment System”
By Li Haitao, Dean’s Distinguished Chair, Professor of Finance and Associate Dean, Cheung Kong Graduate School of Business Inflation has become a global problem. In May, the US’s year-on-year (YoY) CPI was 8.6% whereas its Core Personal Consumption Expenditure (PCE) Price Index was 4.9% on a YoY basis, both recorded at the highest level in the past four decades. The Euro zone and …
Continue reading “Interest Rate Hike and the Risks of a Hard Landing in the US”
Dr. Li Haitao – Dean’s Distinguished Chair Professor of Finance at Cheung Kong Graduate School of Business Since April 2022, the renminbi exchange rate has depreciated sharply, from 6.4 to 6.6 to the dollar. To mitigate further depreciation, the People’s Bank of China (PBOC) announced on May 15 that it would cut the reserve requirement ratio …
Continue reading “The Causes of the Recent Renminbi Depreciation”
Dr. Li Haitao – Dean’s Distinguished Chair Professor of Finance at Cheung Kong Graduate School of Business In the first quarter of 2022, due to the Russia-Ukraine war and lockdowns across many regions, China experienced a downturn in growth rates. The GDP growth rate was 4.8% year-on-year, industrial output 6.5%, retail consumer goods 3.3%, fixed …
Authors: Li Haitao and Lin Xi Since the Russian invasion of Ukraine, global capital markets have taken a plunge – natural gas prices have been surging in Europe, the London Metal Exchange has seen the unprecedented short squeeze in nickel, and U.S. stocks have tumbled. Capital markets have responded pessimistically in response to the uncertainties surrounding the Russia-Ukraine …