1. Conference program
The Chinese Finance Association 1999-2000
The Seventh Annual Conference Program
Tyser Auditorium, Van Munching Hall
Robert H. Smith School of Business, University of Maryland,
College Park, MD 20740
August 19, 2000 ( Saturday)
8:00-8:50 registration
8:50-9:00 Opening remarks, Chi Su, TCFA president
Morning Session: Chair, Chi Su, TCFA president
-----------------------------------------------
9:00-9:40 Professor Lemma Senbet,
Chair of the finance department, U of Maryland,
former president of Western Finance Association,
former director of American Finance Association
Topic: "Corporate Finance and Public Policy"
9:40-10:20 Richard Roulier,
Principal advisor for banking
Global financial markets operations
International Finance Corp.
Topic: "WTO's impact on China's financial sector"
10:20-11:20 morning break and an informal meeting with Benhua Wei,
China executive director of the IMF
11:20-12:00 David Berson,
Chief Economist, Fannie Mae
Topic: "An Outlook of US Mortgage and Housing Markets"
Luncheon: Chair, Xin Zhang, former TCFA director
------------------------------------------------
12:00-2:00 Keynote speech,
Gary Perlin, Chief Financial Officer(CFO), and
Senior Vice President, the World Bank
Topic: "Private and public sector challenges to financial
sector development in emerging markets"
Also, in the Q&A sessions, Gary will answer your questions
on all issues of your interest: how to be a
successful CFO, how to manage a bank, big portfolio
managment...
(at UMUC Conference Center,
University Blvd and Adelphi Road, College Park, 20742)
Afternoon session: Chair, Fei Zou, TCFA director
------------------------------------------------
2:10-2:40 Michael Gordy,
financial economist, Federal Reserve Board of Governors,
Topic: "Credit VaR and risk-bucket capital rule:
a reconciliation"
2:40-3:10 Guojun Wu,
assistant professor, finance department, U of Michigan
Topic: "Value at Risk estimation by regression quantiles"
3:10-3:40 Xiaoyun Yu,
Ph.D. candidate, finance department, U of Minnesota
Topic: "Ownership Structure, liquidity and option value
of investments"
3:40-3:50 coffee break
3:50-4:20 Sergei Esipov, Dajiang Guo,
Centre Solutions, Zurich Financial Services Group
Topic: "Portfolio-based pricing of residual basis risk
with Application to the S&P 500 Put Options"
4:20-4:50 Tong Yao,
Ph.D. candidate, finance department, Boston College
Topic: "Does Heterogeneity matter for asset pricing?"
4:50-5:20 Xueming Yan,
Ph.D. candidate, finance department, U of Iowa
Topic: "Should Small NASDQ Firms Switch to AMEX?"
5:20-5:50 Nengjiu Ju,
assistant professor, finance department, U of Maryland
Topic: "Pricing Asian and Basket Options Via Taylor
Expansion of the Underlying Volatility"
TCFA matters: Chair, Jian Hu, TCFA president-elect
--------------------------------------------------
5:50-6:20 Elections for TCFA president and TCFA board of directors
(end)
2. Travel to the conference site
Drive:(Improved direction)
Get on the Capital Beltway 495, take exit 25 to US Route 1 South
(stay on for about 1 mile). Turn right onto University Blvd (MD 193)
going west toward University of Maryland Stadium. After several traffic
lights, turn left onto Adelphi Rd and then immediately turn left onto
Campus Drive. Turn right onto Mowatt Lane. Van Munching Hall is
the second major building on your left. The conference is on the first
floor at the Tyser Auditorium.
Metro(Washington's subway system):
Take Green line to Greenbelt direction, get off at College Park/Univ
of Maryland. It is about 25 minutes walk to Van Munching Hall,
our conference site. You will need to go west on Calvert Road (about
0.5 mile). You will see Quality Inn. Turn left onto US Route 1(Baltimore
Ave). Immediately turn right onto Guilford Drive. About 0.5 mile down,
Guilford Drive meets with Mowatt Lane. Van Munching Hall is on your right.
If you decide to take Metro but are not willing to walk, please give
Jian Hu a call at (703)508-1881 (cellular phone) and somebody will
give you a ride.
By Air:
If you are arriving by air, the closest airport is Reagon-National
Airport. Dulles Airport is OK but relatively far away from the city.
In addition, there is Metro in National Airport, but not in Dulles.
If you don't like subway, you can call a cab or Blue Van
Super Shuttle Bus that goes door to door and is relatively
inexpensive.
Hotel info:
There is a Quality Inn, about 10 minutes from our conference site.
The location is:
Quality Inn
7200 Baltimore Ave
College Park, MD 20740
Tel: 301-864-5820
Lunch is at:
UMUC Conference Center at the University Blvd and Adelphi
Road, about 10 minutes walk from our conference site. The lunch starts
from 12 and ends at 2:00pm.
3. Registration
Pre-Registration fee is $20(students)/$30(professionals) before
August 15. Late registration fee(after Aug. 15, including at the
conference site) is $30(students)/$40(professionals).
For registration, if you have any questions, please email Jian Hu
at jianhu@aol.com.
4. Invitation to run for TCFA office
We strongly encourage those who are interested in running for our
board of directors and president-elect to come forward, and let us
know at least by August 15, although you can still claim your
candidacy at the conference.