The Global financial market fluctuations caused by COVID-19
In the beginning of 2020, the world has been disturbed by the financial turmoil triggered by a set of "black swan" events. The US stocks market repeatedly triggered the circuit breaker and fell into a technical bear market, followed by the simultaneous circuit breaking of several stock markets in Europe. Bonds, futures, gold and even Bitcoin have suffered heavy losses. Subsequently, different central banks took big moves, which pushed the global stock markets upward….
These changes are fast-moving, dramatic and beyond imagination, but they are real. Of course, the COVID-19 pandemic is the leading trigger. However, it has also exposed the long-term pain points in the financial markets as well as some lessons for the future. Today, given the extensive integration of global finance, no economy can stand alone. For this sake, an in-depth exploration of the root causes of these crises and a comprehensive forecast of the capital market in the "post-COVID-19 era" will become the only way to drive the resilience of the global financial sector.
- What led to the liquidity crisis starting from US stocks?
- How is the COVID-19 crisis different from the financial crisis in 2008?
- How shall we carry out future-oriented mitigation against systematic risks?
- Where shall China go in the face of global financial changes?
On Saturday, April 18th, 2020, at 13:30, emlyon business school, as a world-class institution, will join hands with The Economist Global Business Review and invite executives and business leaders who are interested in challenging the times and growing continuously to attend the Livestreaming Forum and GDBA 2020 Information Session hosted by emlyon Global DBA Program.
Prof. CHEN Junsong
Professor of Marketing
Director, Global DBA Asia Track
Assistant Dean, emlyon business school Asia
DBA Advisor at emlyon business school
Dr. Junsong Chen is Professor of Marketing in emlyon business school, Assistant Dean of emlyon Asia campus, and Director of Global DBA Program (Asia Track). Prior to joining emlyon, Dr. Chen has worked as the Marketing Faculty of China Europe International Business School (CEIBS) for ten years. He has lectured on Consumer Behaviour, Customer Experience Management, Chinese Consumers for more than 20 MBA and EMBA programs from CEIBS, Shanghai Jiaotong University, Tongji University, Rice University (US), Mannheim Business School (Germany), ESADE Business School (Spain) etc. He has also provided consultancy and training for more than 70 international and listed companies in China.
Dr. Chen has received many rewards granted by China Natural Science Foundation, State Education Ministry of China, Committee of Vice-Chancellors and Principals of Universities of the United Kingdom, etc. His work has been published in leading international journals, including International Journal of Research in Marketing, Journal of Business Ethics, Industrial Marketing Management, European Journal of Marketing, Journal of Business Research, Journal of World Business etc. He is the author of the book - Marketing Management in Asia, and has 15 cases published in Europe Case Clearing House (ECCH). Dr. Chen is the column-writer of some leading Chinese business website and magazines, including Sina Finance, and Harvard Business Review (Chinese). He has been often invited by the media like BBC, CCTV, Economist, to comment on China market dynamic and consumption trend.
Dr. LU Jun
Associate Professor of Finance,
DBA Advisor at emlyon business school
Dr. Lu earned his PhD in Managerial Science & Applied Economics from the Wharton School, University of Pennsylvania in 2011. He was on the faculty of Peking University HSBC Business School before joining emlyon, teaching master’s and MBA programs. In addition, he has delivered training to financial institutions including China Merchants Bank and China Unionpay.
Dr. Lu’s research focus on investor behavior, wealth management, asset pricing, corporate finance, and financial risk management. His research has been published in highly reputable academic journals including Journal of Economic Behavior & Organization, National Tax Journal, and International Review of Finance. His works have received Best Paper Award at top academic conferences, and have been reported by Wall Street Journal, U.S. News & World Report, and The Fiscal Times.
Dr. Lu has served as deputy chair of the Risk Management & Insurance Research Center at Peking University HSBC Business School. He was a long time contributor to the Phoenix TV and the Shenzhen Media Group as specialist on financial issues. He has also written articles for media including China Forex, China Finance, The Beijing News, and Shenzhen Evening. He has hosted Asian Banker’s China Private Wealth Dialogue, and has served as long time guest speaker at the PKU-HSBC Financial Frontier.
Mr. WU Chen
The Economist Global Business Review
Mr. Wu Chen is the Managing Director of The Economist Global Business Review, The Economist, based in Shanghai. Prior to that, he was the Head of Editorial (Asia Pacific), EuroFinance, The Economist Group. He has been the Editor of CFO China, also an Economist Group publication from 2005 to 2009. In his journalism career, he has worked for BusinessWeek in Hong Kong, Bloomberg News in Singapore, and the international news department of Xinhua (New China) News Agency in Beijing.
Mr. Wu has a wide range of research interests. He follows closely the latest development in regulatory changes in China, RMB internationalization trends, best practices in innovation, and opportunities and challenges in China’s new urbanization, just to name a few.
Mr. Wu holds the Master of Pacific International Affairs degree from School of International Relations and Pacific Studies (IR/PS), University of California, San Diego and the Master of Journalism from E. W. Scripps School of Journalism at Ohio University. He earned his B.A. from Beijing Foreign Studies University.
As an illustration of journalistic achievement, Mr. Wu’s story on the problems involved in the process of manufacturing sector transformation in July 2008 won the Society of Asia Publishers Excellence Awards for Business Reporting (2009).
Ms. LOU Hailin
Morgan Stanley Asset Investment
Ms. Lou is an Executive Director at Morgan Stanley Investment Management, focusing on real estate investments for USD-denominated private equity funds in China. She had worked at Goldman Sachs in New York and Citigroup in Hong Kong, focusing on quantitative equity investment research and special situations investment opportunities, etc. She holds B.A. in Economics and Mathematics from Columbia University and is a CFA charter holder.
Along with executives and business leaders from all walks of life, this event will discuss the financial market changes in the context of COVID-19 and the solutions for Chinese companies. Meanwhile, it also inspires all participants to stem from their own industries, extract and sublimate new knowledge from enriched experience and become scientist-practitioners in the new era. Don’t miss the Q&A session with the guest speakers! Register now!