w88 casino News Network (Reporter He Yanshen)4month26日夜6At half-past, byCo-sponsored by the Youth League Committee of w88 casino and the International w88 Society7023_7078Director of the Foreign Investment Research Department of the Research Institute of the Ministry of CommerceMa Yu,Professor of Finance at the w88 casino of Economics and Finance, The University of Hong Kong (HKU)Liu Qiao, w88 casinoDirector of Financial Products and Investment Research CenterSong GuoliangheNow Caixin Media Group hosts the "Financial Audiovisual" column, and was the former deputy editor-in-chief of "Finance" magazineYang Binbin.

The atmosphere in the lecture hall is warm

The moderator announces the start of the forum
First of all, three guests, Ma Yu, Liu Qiao and Song Guoliang, gave keynote speeches on mergers and acquisitions.
Ma Yu analyzed and explained the development of foreign mergers and acquisitions in my country from a macro perspective. Mergers and acquisitions have been talked about in our country’s market15, but in fact, mergers and acquisitions in our country still face many obstacles and are far from developing to the extent they should. The government, academia, media and the public have misunderstandings and ambiguities about foreign mergers and acquisitions. Legal and policy regulations are too vague, resulting in implementation difficulties. The field of foreign mergers and acquisitions is greatly limited. These have restricted the development of mergers and acquisitions in my country. Therefore, he believes that the spring of mergers and acquisitions is still far away.

Ma Yu gave a wonderful keynote speech
Liu Qiao made an in-depth analysis of the current M&A situation in my country from some basic concepts and principles of M&A. He said that the adjustment of industrial structure, foreign direct investment, the current policy environment and the reorganization of state-owned enterprises are all driving the development of mergers and acquisitions in our country. Therefore, our country has the driving force for the development of mergers and acquisitions. However, due to various reasons, mergers and acquisitions still have a long way to go in our country.

Professor Liu Qiao deeply analyzes the nature of mergers and acquisitions
Professor Song Guoliang commented on "2009Year China10Big M&A figures” and “2009Year China10Large M&A Cases". These include many high-profile cases, such as Geely's acquisition of Volvo and TengzhongProfessor Song put forward his unique insights on the acquisition of Hummer and other issues.

Professor Song Guoliang comprehensively explains classic cases
In the subsequent session, Yang Binbin was the guest host, and together with Ma Yu, Liu Qiao, and Song Guoliang, there was a lively and profound discussion on the issue of mergers and acquisitions. In order to make the discussion not just a matter of listening on stage and off stage, several guests expressed that students present were welcome to ask questions and participate at any time during the discussion.

Guest hostYang Binbin and several experts discuss the topic of mergers and acquisitions
The guests expressed their opinions and conducted in-depth discussions on successful and failed M&A cases in the context of the financial crisis, which enabled everyone to realize more clearly and orderly that the success of M&A transactions cannot simply be regarded as a true success. In fact, post-transaction development is the ultimate weight to measure the results of corporate M&A.

Students on site enthusiastically asked questions

The guests expressed their opinions and gave detailed answers
Many students also participated and raised some questions and doubts about mergers and acquisitions, to which the guests also put forward their own opinions and gave detailed answers.

At the end of the forum, student representatives presented flowers to the guests

Guests taking group photo
To this point, from4month6Day arrival4month26The Economic Observation Week of Japan ended successfully, International w88 Society15The year is great and the present is brilliant.

Several guests left wonderful moments with all members of the International w88 Society
Attached is the introduction of the speaker:
Ma Yu: Currently director of the Foreign Investment Research Department of the Research Institute of the Ministry of Commerce. He is a member of the w88 and Investment Expert Group of the Ministry of Commerce and a senior researcher at the Public Policy Research Center of the China Institutional Reform Research Association. As a government department policy researcher, he has participated in the drafting and discussion of some important national laws and documents in the fields of opening up and attracting foreign investment. He has also participated in or been responsible for many research projects, development plans and discussions of government departments and academic institutions.1998Won the title of National Expert with Outstanding Contributions in 2018, and enjoys special government allowances issued by the State Council. His main research areas are China's opening up and foreign investment policies. Conducted a lot of research and field investigations at home and abroad30provinces, municipalities and autonomous regions500Many companies have participated in the production and interviews of economic programs as planners, writers, and special guests of CCTV's "China Report", "Today's Focus", "Economic Half Hour", "Dialogue" and other columns.
Liu Qiao: University of Hong Kong (HKU) w88 casino of Economics and FinanceFinanceProfessor, Doctoral supervisor and adjunct professor at Peking University China Economic Research Center and Peking University HSBC Business w88 casino, mainly teaching corporate finance, acquisitions and mergers, and international financial management courses.LiuProfessor’s research results have been published in many top international academic journals,LiuProfessor worked at McKinsey & Company’s Asia Corporate Finance and Strategic Planning Center, where he was responsible for leading McKinsey’s research and knowledge areas in Asian corporate finance and strategic planning, and providing services to large Asian companies and multinational corporations.
Song Guoliang: investment banking expert and securities law expert, graduate of the Department of International Finance, w88 casino of Economics and Management, Tsinghua University, director of the Financial Products and Investment Research Center of the w88 casino, distinguished professor of Shanghai Jiao Tong University, and has served as Tsinghua University for many yearsMBARe-examination examiner, has been engaged in capital market research and practical work for many years. He has worked at Credit Suisse First Boston Investment Bank (Vice President of China Business) and Director of the International Financing Department of the China Lawyers Center. As a senior executive of an investment bank or a senior legal advisor of a company, he has presided over or participated in the joint-stock restructuring, stock issuance, underwriting and listing, asset restructuring, acquisitions and mergers, and capital operation projects of dozens of domestic and overseas companies. As the vice chairman of Huizhong Tianheng Investment Institution, the acquirer, he directly participated in the entire process of the Jianlibao merger and acquisition. since08As a special guest of Beijing Satellite TV, I have been invited many times to make in-depth comments on overseas mergers and acquisitions of Chinese enterprises on Beijing Satellite TV’s evening prime time economic observation program (SichuanTengzhongThe merger and acquisition of General Hummer in the United States, the merger and acquisition of Rio Tinto by China Aluminum Corporation, the merger and acquisition of Swiss Petroleum by PetroChina, the merger and acquisition of Huiyuan Juice by Coca-Cola, etc.).