Investing in China

(2 Credit Hours) · Undergraduate

This course is designed to help students gain insights into Chinese institutions that can facilitate investment decisions in Chinese capital markets and a few specific industries. Understanding the institutional environment in China is important because it exhibits significant differences from shareholder-driven Western economies. The course begins by introducing a stakeholder approach to understand Chinese markets and highlighting the major differences relative to the capital markets in developed countries. Subsequent classes are devoted to understand the behaviors and incentives of market participants in more depth such as the government, managers, investors, and analysts. The course is largely based on our own research. Topics include information quality and earnings management, high-speed train network, artificial intelligence, sustainable development and ESG, carbon neutrality, digital economy, silver industry and healthcare, EV-industry, joint-venture and cross-listing firms. A broader objective of this course is to raise awareness for a thorough understanding of the relevant institutions when engaging in international investment decisions.