Qiao Liu is Professor of Finance and Economics in the Guanghua School of Management at Peking University.Paul Lejot is Visiting Fellow at the Asian Institute of International Financial Law at the University of Hong Kong.Douglas W. Arner is Professor and Head of the Department of Law in the Faculty of Law of the University of Hong Kong.

"The book is written in an accessible, charming and literate style. This is particularly rare given its subject matter. The clarity of the writing indicates a real depth of understanding...I believe, in time, this will become a standard reference work that those working in oen aspect of the financial markets in the region will reach more, regularly, to inform themselves about other aspects of finance in their rgion or their field in other parts of the region...Equally, this book will serve finance and economics students admirably, as it is a deeply insightful, thorough and comprehensive treatment...I am a big fan of this work. It was six years in the writing and all the better for it. I commend the authors for their efforts." - Ross Buckley, CIFR King & Wodo Mallesons Professor of International Finance Law, University of New south Wales, Sydney

• Introduction 1. Asia's Development Model  2. Finance in Asia  3. Challenges to Development & Finance  4. Financial Systems & Practice  5. Institutional Foundations of Finance  6. Credit Risk & Commercial Banking  7. Investment Banking & Financial Innovation  8. Debt Securities, Derivatives & Complex Transactions  9. Equity Securities, Organised Markets & Corporate Governance  10. Acquisitions, Corporate Finance & Control  11. Non-bank and non-traditional intermediation  12. Regional Financial Integration  13. The Future of Finance in Asia  Glossary  Bibliography  Table of Cases & Statutes

Qiao Liu is Professor of Finance and Economics in the Guanghua School of Management at Peking University.Paul Lejot is Visiting Fellow at the Asian Institute of International Financial Law at the University of Hong Kong.Douglas W. Arner is Professor and Head of the Department of Law in the Faculty of Law of the University of Hong Kong.

"The book is written in an accessible, charming and literate style. This is particularly rare given its subject matter. The clarity of the writing indicates a real depth of understanding...I believe, in time, this will become a standard reference work that those working in oen aspect of the financial markets in the region will reach more, regularly, to inform themselves about other aspects of finance in their rgion or their field in other parts of the region...Equally, this book will serve finance and economics students admirably, as it is a deeply insightful, thorough and comprehensive treatment...I am a big fan of this work. It was six years in the writing and all the better for it. I commend the authors for their efforts." - Ross Buckley, CIFR King & Wodo Mallesons Professor of International Finance Law, University of New south Wales, Sydney

• Introduction 1. Asia's Development Model  2. Finance in Asia  3. Challenges to Development & Finance  4. Financial Systems & Practice  5. Institutional Foundations of Finance  6. Credit Risk & Commercial Banking  7. Investment Banking & Financial Innovation  8. Debt Securities, Derivatives & Complex Transactions  9. Equity Securities, Organised Markets & Corporate Governance  10. Acquisitions, Corporate Finance & Control  11. Non-bank and non-traditional intermediation  12. Regional Financial Integration  13. The Future of Finance in Asia  Glossary  Bibliography  Table of Cases & Statutes

Qiao Liu is Professor of Finance and Economics in the Guanghua School of Management at Peking University.Paul Lejot is Visiting Fellow at the Asian Institute of International Financial Law at the University of Hong Kong.Douglas W. Arner is Professor and Head of the Department of Law in the Faculty of Law of the University of Hong Kong.

"The book is written in an accessible, charming and literate style. This is particularly rare given its subject matter. The clarity of the writing indicates a real depth of understanding...I believe, in time, this will become a standard reference work that those working in oen aspect of the financial markets in the region will reach more, regularly, to inform themselves about other aspects of finance in their rgion or their field in other parts of the region...Equally, this book will serve finance and economics students admirably, as it is a deeply insightful, thorough and comprehensive treatment...I am a big fan of this work. It was six years in the writing and all the better for it. I commend the authors for their efforts." - Ross Buckley, CIFR King & Wodo Mallesons Professor of International Finance Law, University of New south Wales, Sydney

• Introduction 1. Asia's Development Model  2. Finance in Asia  3. Challenges to Development & Finance  4. Financial Systems & Practice  5. Institutional Foundations of Finance  6. Credit Risk & Commercial Banking  7. Investment Banking & Financial Innovation  8. Debt Securities, Derivatives & Complex Transactions  9. Equity Securities, Organised Markets & Corporate Governance  10. Acquisitions, Corporate Finance & Control  11. Non-bank and non-traditional intermediation  12. Regional Financial Integration  13. The Future of Finance in Asia  Glossary  Bibliography  Table of Cases & Statutes