THE UNIVERSITY OF HONG KONG

SCHOOL OF ECONOMICS AND FINANCE

FINA0501/FINA2333- ASIAN FINANCIAL INSTITUTIONS
Dr. Patrick Leung
KKL Building, Room 1001
Email Address: pleung@econ.hku.hk
(Second Semester: Monday, 2:30 5:20pm, RHT)
Teaching Assistant: Chan Kar Lun (ckarlun@hku.hk)
Assessment:

Mid-Term(Closed Book and Notes): 30%;

Term Paper:
30%;
Final Exam(Closed Book and Notes): 40%
TOPICS

1st Week

Overview of the Hong Kong banking system, the

HSBC Group, the Bank of China Group

2nd Week

Regulatory framework of the Hong Kong banking

sector, the Hong Kong Monetary Authority

3rd 6th Week

Money and capital markets of Hong Kong: the

interbank market, the Exchange Fund, the linked
exchange rate system

7th Week

Mid-Term Exam

7th 8th Week

Money and capital markets of Hong Kong: the bond,

debt, forex, stock and derivatives markets of Hong
Kong

9th 10th Week

Overview of Chinas financial institutions

11th Week

Overview of Japanese financial institutions

12th Week

Singapores financial institutions, money market, forex

market and Asian dollar market

FINA0501/FINA2333 ASIAN FINANCIAL INSTITUTIONS

READING LIST
(Books on Reserve)
Second Semester 2013 2014
Dr. Patrick Leung
The Hong Kong Financial System: A New Age (HKFS(2004)), edited by Simon
S.M. Ho, Robert Haney Scott and Kie Ann Wong, Oxford University Press, 2004
(332.095125 H77H)
The Hong Kong Financial System (HKFS(1991)), edited by Richard Yan-Ki Ho,
Robert Haney Scott and Kie Ann Wong, Oxford University Press, 1991 (332.095125
H77)
Hong Kong Banking System and Practice (HKBSP), Hong Kong Institute of
Bankers, 1998 (332.1095125 C54)
Hong Kong Financial System in Motion (HKFSM), edited by Lui Yu-Hon,
moderated by Y.C. Jao, Hong Kong Institute of Bankers, 1997 (332.095125 H78)
Asia in Crisis: the implosion of the banking and finance system (AIC), by Philippe
Delhaise, John Wiley and Sons (Asia), Singapore 1998
(332.1095 D352a)
Asia-Pacific Securities Markets : a practitioner's guide to the region's securities
markets (APSM), by Matthew Harrison, Sweet & Maxwell Asia, 2003 (4th Edition)
(HK332.632095 H3 in Main Librarys Special Collections Section: HK Collections)

FINA0501/FINA2333 ASIAN FINANCIAL INSTITUTIONS AND MARKETS

Course Description
History and institutional aspects of financial markets in Hong Kong, Mainland China,
Japan, Singapore and other Asian economies. Regulatory policies and practices.
Course Pre-requisite
ECON1001 Introduction to Economics I

Course Intended Learning Outcomes (CILOs)

Upon completing this course, students should be able to:
CILO01
CILO02

Understand the Hong Kong banking sector and financial markets

Evaluate financial institutions and markets in the Asian countries.

Alignment of program ILOs and course ILOs

Program ILOs
Acquisition and internalization of knowledge of economics & finance

Course ILOs
CILO01, CILO02

Application and integration of knowledge

Developing global outlook
Mastering communication skills
Inculcating leadership

CILO01, CILO02
CILO01, CILO02
CILO01, CILO02
CILO01, CILO02

Teaching and Learning Activities (TLA)

TLA1

Lecture

Instructor will give lectures on major concepts and

issues.

TLA2

Consultation

Instructor will be available two days per week for

consultation to answer students questions.

(Assessment: Mid-term: 30%; Term Paper: 30%; Final Exam: 40%)

Alignment Among Course Intended Learning Outcome, Teaching and Learning
Activities and Assessment Tasks:
Learning Outcome

Teaching and learning activity (TLA)

Assessment Tasks

CILO01

TLA1, TLA2

Term paper, Mid- Term Test, Final Exam

CILO02

TLA1, TLA2

Term paper, Mid- Term Test, Final Exam

Standards of Assessment
Grade

Grade Definition

Description

A+, A. A-

High distinction
(Approximately top
20-25% of class)

B+, B, B-

Distinction
(Approximately next
50% of class)

Strong evidence of superb ability to fulfill the

intended learning outcomes of the course at all
levels of learning: describe, apply, evaluate, and
synthesis.
Strong evidence of the ability to fulfill the intended
learning outcomes of the course at all levels of
learning: describe, apply, evaluate, and synthesis.

C+, C, C-

Credit pass
(Remainder of class)

Pass
(Remainder of class)
Fail
(Remainder of class)

Evidence of adequate ability to fulfill the intended

learning outcomes of the course at low levels of
learning such as describe and apply but not at high
levels of learning such as evaluate and synthesis
Evidence of basic familiarity with the subject.
Little evidence of basic familiarity with the subject.

Academic Conduct
The University Regulations on academic dishonesty will be strictly enforced! Please check the
University Statement on plagiarism on the web: http://www.hku.hk/plagiarism/
Academic dishonesty is behavior in which a deliberately fraudulent misrepresentation is employed in
an attempt to gain undeserved intellectual credit, either for oneself or for another. It includes, but is
not necessarily limited to, the following types of cases:
a. Plagiarism - The representation of someone elses ideas as if they are ones own. Where the
arguments, data, designs, etc., of someone else are being used in a paper, report, oral presentation, or
similar academic project, this fact must be made explicitly clear by citing the appropriate references.
The references must fully indicate the extent to which any parts of the project are not ones own work.
Paraphrasing of someone else's ideas is still using someone elses ideas, and must be acknowledged.
b. Unauthorized Collaboration on Out-of-Class Projects - The representation of work as solely ones
own when in fact it is the result of a joint effort. Where a candidate for a degree or other award uses
the work of another person or persons without due acknowledgement:
1. The relevant Board of Examiners may impose a penalty in relation to the seriousness of the offence;

2. The relevant Board of Examiners may report the candidate to the Senate, where
there is prima facie evidence of an intention to deceive and where sanctions beyond
those in (1) might be invoked.