The basic principles of finance
"scientific pricing system" and "no arbitrage opportunities" are mutually necessary and sufficient conditions; emphasizing the overall situation and stability, local problems’ settling must be conducive to the stability of the entire financial system.
China's actual situation
the institutional arrangement of progressive reform with Chinese characteristics, the huge economic volume in the transition period, emergence and transition of the Chinese financial system.
Understand and recognize these major problems, and establish a pricing system to form a relatively stable financial system, only in this way can us effectively carry out financial innovation and supervision, and support the healthy development of the real economy.
The board of trustees and leadership team consist of financial leaders and industry elites.
The board of trustees is the highest decision-making body of Shanghai North Bund Finance Institute (NBFI) and leads the Dean Responsibility System. Board and leadership team members are all financial leaders and industry elites, with deep research skills and broad macro vision。They have a close relationship with government departments, regulators, financial industry and academic institutions and a deep understanding of the difficulties and priorities of China's economic and financial reform and development.
Academic Committee
Mr. He Jia
HD in Finance from Walton Business School of University of Pennsylvania. He is now the professor of the South Technology University as well as the Tsinghua University. He is also the life-time professor of the Chinese University of Hong Kong as well as an independent director for CITIC Securities Co Ltd and Oriental Patron Financial Group. He was the committee member of Planning and Development of China Securities Regulatory Commission and head of Research for Shenzhen Stock Exchange. He is the pioneer scholar who applied modern financial theories to analyse the practical problems existing in the financial system of China. He managed to point out the reason for market segmentation and arbitrage in the capital market of China as well as the market characteristic.
Ms. Liu Yiru
PHD in Economics from University of Chicago. She is now the managing director of Bellwether International Group Ltd, committee member for the Economic Development Committee of Hong Kong Special Administrative Region, as well as a guest professor at the National University of Taiwan. She was ever the chairman of the Economic Development Committee of Taiwan, Minister of Finance of Taiwan Region, as well as the director of Taiwan Stock Exchange.
Mr. Xia Bin
he is now the counselor of the State Council of China, honorary director general for Development Research Center of Financial Research Institute of the State Council, as well as the Chairman of Chief Economist Forum of China. He was the general Manager of Shenzhen Stock Exchange, director general of Non-Bank Financial Institutions Supervision Department of People's Bank of China which is the central bank of China, as well as the director general for Development Research Center of Financial Research Institute of the State Council.
Mr. Huang Qifu
PHD in Finance from Stanford University. He is one of the most influential scholars in modern finance in the globe. He was the director of Fixed Income Derivative Securities R&D Division of Goldman Sachs, and also served as the principal partner as well as the president of Asia Pacific Region for Long Term Capital Management Company (LTCM) , one of the most famous hedge funds in the world.
Mr. Wang Jiang
PHD in Physics from University of Pennsylvania, as well as PHD in Finance from Walton Business School .He is a professor with Sloan Management School of Massachusetts Institute of Technology (M.I.T.), committee member of Economic Advisory Committee to the NASDAQ. He pioneered the introduction of information asymmetric into the study of market trading volume. He is globally recognized for his empirical research in the field of asset pricing and some other micro aspects of financial market.
Mr. Zhu Wuxiang
PhD in Econometrics from Tsinghua University. He is now a professor and doctoral mentor as well with the School of Economics and Management of Tsinghua University. He is recognized as one of the top scholars in corporate finance in China. He was an independent director of Citic Funds, and the chairman of Board of Supervision of Tsinghua Unigroup.
Mr. Cao Yuanzheng
PHD in Economics from Renmin University of China. He is the member of China Economic Forum of ‘50 Talents’. He was the chief economist of Bank of China, executive vice president of Economic System Reform Research Institute of the State Commission for Restructuring the Economic System of PRC. He also served as the vice president of Bank of China International.
Mr. LAN Youjin
Master of Business Administration (in Finance) of The Chinese University of Hong Kong More than 17 years’ exposure in direct investment and M&A, particularly in intelligent manufacturing, clean technology and health entertainment industries Rich experience in running and managing a State-level high-tech enterprise (semiconductor). Was a senior manager with Shanghai Venture Capital / Shanghai Withub High-tech Entrepreneurial Center, a partner of Realize Investment, the founding partner of China Photoelectricity Investment Fund, Executive director and CEO of Wenrun Semiconductor Company Ltd.
  • M & A and supply-side reform
    M & A and supply-side reform
    NBFI believes that China's 2015-2025 will be similar to the United States’ 1972-1982. Chinese industry and capital participating in global capital M & A activities in large scale is the biggest feature of this wave of mergers and acquisitions; "Wanbaoheng" case and other domestic incidents marking the gradual entry of control rights into the era of full free competition. M & A is one of the important ways to promote supply-side reform, solve excess capacity, and achieve economic restructuring, transformation and upgrading.
  • Financial Technology and Artifi
    Financial Technology and Artifi
    Financial technology is refactoring the traditional financial industry, financial technology is significant to improve risk management, the efficiency of non-performing assets disposal, intelligent investment consultant and other aspects. NBFI will assist in the development of China's first bachelor degree in Finance and Technology, and cooperate to launch a financial technology investment fund through powerful artificial intelligence and IT technology.
  • Research and Prevention of Fina
    Research and Prevention of Fina
    China is a instable huge emerging and transitional financial system, with the ability to predict future financial crisis, but unable to prevent it for various reasons. The main difference between us and the mature market is that governmental or regulatory intervention-based events may be randomly generated as financial crisis in there, but our intervention-based events are largely predictable. Researching and guarding against financial crisis is the biggest challenge facing the market economy. The study of financial crisis is the crown of financial research. The complexity and importance of financial crisis are fully reflected in the financial crisis in 2007.
  • Research on Financial Products
    Research on Financial Products
    China's interest rate marketization process, showing a relatively sufficient short-term marketization and a relatively insufficient long-term marketization, leads to the long-term trend of flattening of yield curve in the two dimensions of maturity and credit, and thus affect the structure of assets and liabilities of financial institutions, which in turn presents a huge challenge to the development of financial products.
  • Financial Innovation and Superv
    Financial Innovation and Superv
    Financial regulation and financial innovation have a very close relationship, breaking through or circumventing financial supervision is often an important driving force of financial innovation. Financial supervision and innovation are extremely important for financial stability. US financial crisis in 2007 is still dragging down the global economy. China's financial stability is becoming more and more important due to events in recent years, especially since the stock market fluctuated last year.
  • Progressive reform and arbitrag
    Progressive reform and arbitrag
    China's progressive reform resulting in a large number of arbitrage opportunities, thus affecting the pricing system, and then in turn produce more arbitrage opportunities. China's financial system is essentially an unstable system and should recognize the main problems we face. We emphasize the overall nature of financial problems. The solution of local problems must be conducive to the stability of the entire financial system. Based on the basic principles of finance, straighten out the path and final solution of our pricing system, so that the gradual reform of the country can be implemented step by step and as far as possible to prevent progressive reform of arbitrage opportunities.
Cooperation and exchange
Shanghai North Bund Financial Institute (NBFI) is supported by government departments and regulators, and has a close relationship with Shanghai Stock Exchange, Shenzhen Stock Exchange, China Financial Futures Exchange, The national stock transfer system, Shanghai Gold Exchange, Shanghai Futures Exchange and Large commercial banks, insurance agencies, securities companies, and some large private equity funds, and may cooperate to undertake or jointly carry out a number of research projects.

NBFI will hold various forms of high-end communication and research meetings to build financial capital, industrial capital and high-end talent exchange platform, and then form a distinctive, branded financial platforms and clubs to promote cross-border, cross-industry movement and the Commercialization and Marketization of Financial Research Achievements. Finally, a sustained, normal, influential financial intelligence platform is established, and wisdom inspired.
Shanghai North Bund Finance Institute
8F,Pujiang international Finance Plaza,No 1098 Dongdaming RD,Shanghai,China
Tel:021-68751300Cooperation and advice:service@nbfi.org.cn