Theme:Forecast and Prospect ------Global Capital Market Experience & China Opportunity Date: May 24-25, 2008 Venue: The Westin Beijing Financial Street,China
Address: B9, Financail Street, Xicheng District, Beijing (The red pentacle shows where the hotel is). Tel:010-66068866 Fax:66068899 Code:100032
Focusing on issues related to capital market investment, CICMF is a leading annual forum of the highest level nationwide. This forum aims at establishing a communication platform for global capital market and promoting exchange of investment experience and tactics among international investing professionals and actively provides chances to study and predict the future trend of international capital market, and eventually further its step into a series of practice in creating new investing opportunities in emerging capital market. Sponsored by the City of London (Invited), the Securities Association of China (Invited), International Monetary Fund (Invited), International Securities Market Association (Invited) and Organizing Committee of Beijing International Finance Expo, CICMF is the authoritative forum professionally. China capital market has now entered into a more stable and vigorous stage. In the year of 2007, making efforts to develop the domestic capital market has been officially listed in the national development strategy. Financial market also owed its fast development to the promotion of establishing a multi-level capital market by the government as well as the continuous breakthrough to a historical high in security market. By the end of September, the market value of the stock market amounted to 25,000 billion RMB, which exceeded the GDP in 2006 and even probably surpass GDP in year of 2007. The strong increasing trend was unprecedented in China stock market history. Subsequently, Shangzhen Index reached historical high to 6124 point and the total market value exchanged in both Shanghai Stock Exchange and Shenzhen Stock Exchange exceeded 35,000 billion RMB in October 16. Accompanied by the rising trend in stock market and the constant increase of opening fund account, the net value of fund capital also grew rapidly. By the end of September, the number of the fund investment account has reached 90 million, almost four times as the number at the beginning of 2007. The overall scale of fund was about 2 trillion RMB, 2.6 times as that of the beginning this year. The net value of the fund capital was 3 trillion RMB and the total value of the fund capital accounted for more than 27% of the total circulating stock in the market. Emerging issues such as sub-prime mortgage loan crisis in the U.S, excessive fluidity in domestic capital market, QDII, the “express train” to the Hong Kong stock market and the coming launch of Stock Index Futures will in what way influence the China capital market? Do bubbles really exist in the China stock market? And how long can the value of emerging investment markets such as China last? These are all questions need to be answered. |