China and the Activist Short Seller | Foreign Correspondents’ Club of China
When and Where
10:00 am - 11:30 am
Embassy of the Grand Duchy of Luxembourg
Unit 1701, Tower B, Pacific Century Place, 2A Gong Ti Bei Lu - Beijing
Paul Gillis, the co-director of the MBA program at Peking University, Guanghua School of Management and accounting expert will unpack and explain the practice of activist short selling in China and examine its role in the future of Chinese and global markets.
CHINA AND THE ACTIVIST SHORT SELLER
Friday, Sept 25, 1o:00a.m. to 11:30a.m.
VENUE: Embassy of the Grand-Duchy of Luxembourg, Unit 1701, Tower B, Pacific Century Place, 2A Gongti Beilu, Chaoyang district (卢森堡驻华大使馆, 北京市朝阳区工体北路甲2号, 盈科中心B座1701室)
ENTRANCE: free to FCCC members, 80 RMB on the door for non-members. Only with registration and photo ID.
All eyes are on China’s stock market as recent drops and gains shook balance sheets around the world. However, even before volatile summer months, some investors started stirring the pot: activist short sellers. Those were the investors who sold unowned or borrowed shares, hoping to repurchase them later at a lower price. And the government moved against them, issuing a set of new rules aimed at discouraging all forms of short selling to curb volatility in its stock market.
ABOUT THE SPEAKER:
Paul Gillis is co-director of the MBA program and professor of accounting at Peking University, Guanghua School of Management with a specific focus on areas of transnational regulation of accounting and Chinese accounting issues. With over 35 years of accounting expertise, Gillis’ resume includes an extensive 28-year career at PwC serving as Partner in its US, Singapore and China locations. While with PwC, Gillis started the firm’s Singapore expatriate tax practice and built its China practice. A prominent member of the international accounting community, Gillis has served on several boards and is the editor of a Top 50 Accounting blog, www.chinaacountingblog.com, which is an authority on issues of China’s VIE structure, tax practice and capital markets. In addition to posting regularly on his blog, Gillis published “The Big Four and the Development of the Accounting Profession in China.” He often speaks to the media and serves on high-level panels. Gillis earned his PhD in Accounting at Macquarie Graduate School of Management in Australia.
About the Event Organizers
The Foreign Correspondents’ Club of China is the professional association of Beijing-based journalists reporting on China for audiences around the world.
Representing more than 40 nations, we are accredited journalists, diplomats, media specialists, authors, academics, public relations consultants and corporate personnel. The FCCC organizes a full programme of talks and social events, and is a vibrant hub of networking for China-watchers, media analysts and journalists.