Chinese Securities Companies : An Analysis of Economic Growth, Financial Structure Transformation, and Future Development.
Wu. Xiaoqiu
Bok Engelsk 2014 · Electronic books.
| Annen tittel | |
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| Utgitt | Hoboken NJ : John Wiley
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| Omfang | 1 online resource (574 pages)
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| Utgave | 1st ed.
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| Opplysninger | Intro -- Chinese Securities Companies -- Contents -- Core Points of View -- Preface -- Acknowledgments -- INTRODUCTION Economic Growth, Financial Restructuring, and Prospects of Securities Companies -- UNDERSTANDING THE ECONOMIC TRENDS OF CHINA FROM A SECURITIES FIRM'S PERSPECTIVE -- The General Growth Trend of the Chinese Economy Going Forward -- Changes of GDP and Disposal Income Per Capita -- THE EVOLUTION OF CHINESE FINANCIAL STRUCTURE IN THE FUTURE -- Historical Data -- Evolution Prediction -- Internal Incentives for Market Evolution of China's Financial Structure -- CORE COMPETITIVE EDGE -- Four Factors Determining the Competitive Edge of Securities Companies -- REFERENCES -- CHAPTER 1 Review and Judgment of Historical Roles of Chinese Securities Companies -- THE BIRTH AND GROWTH OF CHINESE SECURITIES COMPANIES-A BRIEF HISTORY -- The Preliminary Phase of Chinese Securities Companies-1987 to 1995 -- The Fast-Development Phase of Chinese Securities Companies, 1996 to 2001 -- Administration and Rectification Phase, 2001 to 2005 -- Normalized Development Phase, 2005 to 2011 -- REVIEW OF THE PROS AND CONS OF CHINESESE CURITIES COMPANIES -- Theoretical and Practical Judgment Based on Functions of Securities Companies -- HISTORIC CONTRIBUTIONS OF CHINESE SECURITIES FIRMS -- Facilitating Stock Reforms of State-Owned Companies and Improving Quality of Corporate Operations -- Missteps of Chinese Securities Firms and Lessons Learned -- CASE STUDIES: TYPICAL CHINESE SECURITIES FIRMS -- Wanguo Securities: A Story about a Broken Dream -- Jun'an Securities: The Fall of a Star -- GF Securities: A Success Story of an Ordinary Unprivileged Business -- Haitong Securities: A Shady Deal -- Some Puzzling Aspects of This Reverse Takeover Deal -- Industrial Securities: Robust Management -- Innovation-Powered Business Growth: Two Transformations.. - Cultivation and Growth of Innovative Business -- CASE STUDIES -- CITIC Securities-Equal Importance to Tradition and Innovation, Firm Foothold in China, and Aggressive Exploration Overseas -- Soochow Securities-Brokerage Supplemented with Investment Banking, Firm Regional Foothold, and Nationwide Exploration -- REFERENCES -- CHAPTER 5 Analysis of Risk Management in Chinese Securities Companies -- STATUS QUO AND TREND ANALYSIS OF RISK MANAGEMENT IN SECURITIES COMPANIES -- Sources of Risks Facing Securities Companies -- Risk Management of Overseas Securities Companies -- Risk Management in Chinese Securities Companies -- Analysis of the Status Quo of Risk Management in Chinese Securities Companies -- Risk Management in Securities Companies Post Financial Crisis -- Analysis of Problems in Risk Management of U.S. Investment Banks during the Financial Crisis -- Strategic Risks and Risk-Management Strategies of Securities Companies -- MANAGEMENT OF RISKS ASSOCIATED WITH TRADITIONAL BUSINESS OF CHINESE SECURITIES COMPANIES -- Securities Proprietary Business Risk Management -- Management of Risks Associated with the Brokerage Business of Securities Companies -- Management of Risks Associated with Investment Banking Business of Securities Companies -- Management of Risks Associated with Asset Management Business of Securities Companies -- MANAGEMENT OF RISKS ASSOCIATED WITH INNOVATIVE BUSINESS OF SECURITIES COMPANIES -- Management of Risks Associated with Securities Margin Trading -- Management of Risks Associated with Stock Index Future Business -- Management of Risks Associated with the Direct Investment Business of Securities Companies -- REFERENCES -- CHAPTER 6 Analysis on Structure and Competitiveness of Talent in Chinese Securities Companies -- DEVELOPMENT TREND AND CORE COMPETITIVE STRENGTH IN THE SECURITIES INDUSTRY.. - Development Trends of Securities Companies -- Core Competitive Strength of Securities Companies -- DEMAND FOR TALENTS IN THE DEVELOPMENT OF THE SECURITIES INDUSTRY -- Professional Talent -- Interdisciplinary Talent -- COMPARATIVE ADVANTAGES AND DISADVANTAGES OF WEALTH MANAGEMENT TALENT IN THE SECURITIES INDUSTRY -- Profitability Model Needs to Be Clearly Defi ned -- Team Building Should Be Conducted in a Coordinated Way -- Solid Evaluation and Incentive Mechanisms Are Needed -- Contents of the Wealth Management Business -- Functional Requirements for Wealth Management Service Personnel -- Wealth Management Talent Environment Analysis -- EFFECTIVE TALENT MANAGEMENT IN SECURITIES COMPANIES -- Characteristics of Securities Company HR Management Determined by the Industry -- Development Trend of Human Resource Management in Securities Companies in the Future -- Theoretical Frameworks for Human Resource Management in Securities Companies -- REFERENCES -- CHAPTER 7 Analysis of Sponsor Regime for Chinese Securities Companies -- ORIGIN AND DEVELOPMENT OF THE SPONSOR REGIME IN CHINA -- Sponsor Regimes in Overseas Securities Market -- The Chinese Mainland Stock Markets: From Quota Management to Sponsor System -- Comparison of the Sponsor Systems of Various Countries -- ANALYSIS OF PUNISHMENTS IMPOSED BY THE CSRC ON RULE-BREACHING SPONSORS -- Punishment for Rule-Breaching Sponsors -- Analysis of Punishments against Sponsors by Regulatory Measures -- Analysis of Sponsor Institution and Representative Credit Regulation by Regulatory Measures -- Analysis of the Market Boards of Breaching Sponsors -- Analysis of the Annual Frequency of Punishments against Sponsors -- RULE BREAKING SPONSOR-CASE STUDIES -- The Case of Suzhou Hengjiu Photo-Electronic -- The Case of Hepalink -- INTRINSIC FLAW OF THE SPONSOR SYSTEM: IMBALANCE BETWEEN PROFIT AND RISK.. - Incompetence of Sponsors.. - Internal Logic for Organizational and Management Evolution in Chinese Securities Firms -- SELECTION OF MODELS (GOALS) FOR CHANGE OF ORGANIZATION AND MANAGEMENT IN CHINESESE CURITIES FIRMS -- Financial Holding Companies: Definition -- Criteria for an Ideal Future Management Model for Chinese Securities Firms -- Financial Holding Companies Are the Best Choice for Large Chinese Investment Banks, Subject to the Constraints of the Current Financial System -- SOME IDEAS OF OVERALL POLICY FOR FUTURE ORGANIZATIONAL AND MANAGEMENT TRANSFORMATION IN CHINESE SECURITIES FIRMS -- Operations and Oversight Based on Separation of Activities and the Financial Holding Model -- Multilevel, Diversified Independent Securities Firms -- Marketization and Emerging Private Securities Firms -- REFERENCES -- CHAPTER 4 Analysis of the Profit Model of Chinese Securities Companies -- THEORETICAL ANALYSIS OF PROFITABILITY MODELS -- Background and Significance of Studies on Securities Company Profitability Models -- The Meaning of Profitability Model for a Securities Company -- Factors Affecting the Profit Model of a Securities Company -- PROFITABILITY STRUCTURES OF CHINESESE CURITIES COMPANIES -- Overall Profi tability Structure -- The Effect of Location on the Profi tability Structure -- PROFIT METHODS OF THE MAIN BUSINESS OF SECURITIES COMPANIES -- Analysis of Traditional Business -- Analysis of Innovative Business -- CHARACTERISTICS OF THE PROFITABILITY MODEL OF SECURITIES COMPANIES -- Channelized -- Pan-Banking Characteristics -- Uniformity -- Signs of a Transition in the Profitability Model -- CONSTRUCTION OF NEW PROFITABILITY MODELS -- Differentiation of Profitability Models among Securities Traders as Larger Ones Become More Well-Rounded and Internationalized -- A Transition from Channels to Services -- Innovation in Traditional Business.. - The CICC: Going Upscale -- CITIC Securities: The Benchmark Maker -- REFERENCES -- CHAPTER 2 Analysis of Functions of Chinese Securities Companies -- THEORETICAL ANALYSIS OF FINANCIAL FUNCTIONALITY -- Particularities of Securities Issuance and Trading -- Functions of Information Marketplaces and Securities Firms -- How Securities Firms Function: Information Network, Reputation Management, and Tacit Skills -- FUNCTIONAL ORIENTATION FOR SECURITIES FIRMS -- Financial Market Service Providers -- Asset Securitization Capabilities -- Capabilities in M& -- A and Reorganization of Resources Available -- Wealth Management Capabilities -- CHANGE OF THE CHINESE DEPOSITORY SYSTEM FOR SECURITY DEPOSITS AND HOW CHINESE SECURITIES FIRMS FUNCTION -- Misappropriation of Clients' Security Deposits by Securities Firms and the Industry-Wide Crisis -- Chinese Depository System Reform -- INSTITUTIONAL CHANGE AND FUNCTIONAL EVOLUTION FOR CHINESE SECURITIES FIRMS-AN ANALYSIS WITH PARTICULAR INTEREST IN THE FUNCTION OF AN UNDERWRITER'S GOODWILL -- Institutional Change -- Functional Evolution-An Analysis with Particular Interest to the Function of an Underwriter's Goodwill -- An Empirical Study of the Function of a Securities Underwriter's Goodwill -- REFERENCES -- CHAPTER 3 Analysis of the Management Model of Chinese Securities Companies -- INTRODUCTION -- ORGANIZATION AND MANAGEMENT IN INVESTMENT BANKS: A GENERAL ANALYSIS BASED ON INSTITUTIONAL BANKING AND FUNCTIONAL BANKING -- Investment Banks in the Financial System: Definition and Functional Orientation -- Organization and Management in Investment Banks: A Global Perspective -- ORGANIZATION AND MANAGEMENT IN CHINESE SECURITIES FIRMS: A HISTORICAL AND THEORETICAL REVIEW -- Change of Activities and in Organization and Management in the Chinese Securities Firms.. - Extraordinary opportunities for China's major financial services providers Over the past three decades, China has attained and solidified its position as the world's second-largest economy. There is now an enormous demand for Chinese financial services, especially those related to securities. Chinese Securities Companies is essential reading for anyone involved in Chinese capital markets, because this is a situation that has never been seen before. Management, profit structure, sponsor systems, reform potential-all have unique elements in China, and all are analyzed in depth in this book. Chinese securities expert Wu Xiaoqiu has developed an influential model for understanding China's capital markets in their historical perspective and creating success in this high-demand industry. Read Chinese Securities Companies to understand the four things firms must do in order to exceed the accomplishments of giants like CITIC Securities: Create international vision Develop innovative talent Establish solid capital power Engage in rigorous risk management Using this formula, developed with the aid of research from Moody's, along with a robust historical perspective, Wu Xiaoqiu has written an essential text for anyone involved in global financial services.
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| Emner | |
| Sjanger | |
| Dewey | |
| ISBN | 1-118-99151-6
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