w88 casino News Network (Reporter Li Xinyi)2013Year3month22日夜6:30, Wang Qian’s special performance at the Huiyuan Lecture Hall in the Boxue Building of w88 casino301Hold. Guest Wang Qian gave the students a lecture on the theme of "London, the Center of the World Financial Market" to help students gain a broader international perspective and increase their professional knowledge。

Wang Qian, as the chief representative of the Beijing Representative Office of the London Stock Exchange, has close experience in China’s financial field including commercial banking, development finance, investment banking and private equity investment20years of work experience. Prior to joining the London Stock Exchange, he was a director of Barclays Capital Asia Limited.

Wang Qian believes that London, as an old capital market that has been developed for hundreds of years and has experienced many financial crises, is still one of the world's financial centers. The reasons for its long-term prosperity are worth thinking about. She pointed out that there are three differences between London and Hong Kong, Shanghai and other international financial centers that my country is trying to build. The first is that London’s capital market has a particularly flexible regulatory environment. London pursues a regulatory approach of "principled regulation". Listed companies need to "obey or explain" market rules. Its characteristic is that taking into account the differences in development situations around the world, London's regulatory authorities will communicate with companies in the early stages of violating the rules and determine whether the company is actually violating the rules based on the specific circumstances. The second difference between the London capital market and my country's capital market is that London has international features that the United States cannot yet compare with. Britain's special historical and geographical factors have created an inclusive environment. Half of the listed companies in the City of London are from other countries. On the other hand, London's financial market has a strong financing function, and its refinancing, additional stock issuance and other behaviors have no regulatory mechanism and are completely determined by the market. Investors can invest in companies after rationally considering their long-term returns, which allows companies to truly move forward stably according to their own business plans and effectively avoid ChinaAThe over-funding phenomenon in the stock market. In addition, the regulators of the London financial market do not set excessively high accounting profit and other requirements for listed companies, so that companies lose the need to commit fraud and avoid the occurrence of fraudulent behaviors such as shell listings. When it comes to fraud, Wang Qian warns everyone that reputation (reputation) is the most important. Once fraud occurs, your reputation may be ruined and everything may be lost.

In addition, Wang Qian also answered questions from on-site teachers and students about how Chinese concept stocks are transforming in the British capital market and the current specific situation of high-yield bonds.

This event is hosted by the Student Union of the Youth League Committee of the w88 casino of Finance, w88 casino.