Biography
Alan Lok, CFA, was a director of capital markets policy at CFA Institute. He was responsible for conducting research projects in the area of market instruments and market structures in the Asia-Pacific region. Mr. Lok worked with regulators, institutional investors, academics, and various other stakeholders within the financial industry to uphold investor protection and market integrity.
Which is the better indicator of the US stock equity market, the DIJA or the S&P 500? Do investments based on the latter carry a different risk profile?
The CSRC money market reforms balance innovation and risk, consider public feedback, and are the first refinements to a set of rulings drafted in 2004. Will they thrive?
Chinese regulators are now seeking comments on how P2P platforms should operate and grappling with findings of a private equity practices report — there are problems.
China’s circuit-breaker mechanism got a workout its first day in use due to extreme market volatility. Three days later, China suspended use of the safeguard until further notice. Here’s our take.
Eleven years of tick-by-tick data, 12 billion data points, and 189 companies later … what our first-of-its-kind study in the Asia-Pacific region reveals, and what policy we recommend.
Eleven years of tick-by-tick data, 12 billion data points, and 189 companies later … what our first-of-its-kind study in the Asia-Pacific region shows.
Although China held just 4% of global shadow-banking assets in 2013, Chinese investors worry about systemic risk.
Capital market reform in China will take a while, but things are surely improving.
Financial sector crackdown implicated big industry names and had significant impact on Chinese capital market.
Will Alibaba and Tencent prove supporters right — that Internet financing, a phenomenon unique thus far to China, will be a transformational boon to its capital markets, or is it just a new component in the government’s economic machine?
Alan Lok, CFA, examines China’s shift to a domestic-consumption economy, its severe service sector supply bottleneck, and the rise in Chinese shadow banking.
The biggest issue now facing the Chinese capital markets is resource allocation. Future reforms will be geared towards benefiting the entire physical economy.
One CFA Institute analyst shares his firsthand introduction to Chinese shadow banking, and why it’s too tempting for many investors to pass up.
Examining REITs and business trusts on the Singapore Exchange. Industry feedback on the listed asset classes revealed need to shed more light on them.
The Singapore Exchange’s market-fraud surveillance may not be well known, but it’s critical to maintaining a level playing field for investors.