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klotzki
Squeeker
Joined: May 18, 2007
Posts: 17
Status: Offline
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 Posted:
Feb 25, 2008 - 11:36 AM |
 
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| Post subject: finance professionals |
Are there any clubs / orgs or upcoming events for financial professionals (investment management, insurance, banking) aside from the FC Club networking event?
Also, are there any CFA study groups around Shanghai?
Klotzki |
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foodcoma
Reacher
Joined: Apr 29, 2006
Posts: 318
Status: Offline
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Feb 25, 2008 - 01:09 PM |
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There is a finance club at the american chamber of commerce. What do you think of the FC Club? |
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klotzki
Squeeker
Joined: May 18, 2007
Posts: 17
Status: Offline
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Feb 25, 2008 - 01:46 PM |
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Thanks. I haven't been to any of the FＣ event. How about you? How is it? |
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foodcoma
Reacher
Joined: Apr 29, 2006
Posts: 318
Status: Offline
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Feb 25, 2008 - 02:10 PM |
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I haven't been there either; it's actually the first I've heard of it. |
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klotzki
Squeeker
Joined: May 18, 2007
Posts: 17
Status: Offline
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Feb 25, 2008 - 09:45 PM |
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yinlin
Rocker
Joined: Feb 26, 2007
Posts: 643
Status: Offline
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Feb 25, 2008 - 10:42 PM |
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Is financial consideration in M&A transaction a hot discussion for financial professionals in China especially Shanghai recently? |
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yinlin
Rocker
Joined: Feb 26, 2007
Posts: 643
Status: Offline
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Feb 25, 2008 - 10:44 PM |
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i used to attend events organized by chambers but end up getting more name cards from vendors. I remember i attended one co-organized together by few chambers, great night to know ladies and IT solution vendors and moving companies. |
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Andreas
Shanghai Royalty
Joined: Feb 27, 2004
Posts: 9140
Location: s/v Waratah
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Feb 25, 2008 - 11:16 PM |
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I used to attend similar events, listened to all these financial 'experts', and found that I as a simple marine engineer forgot more about finance than these dunces will ever know. |
_________________
How do you make a small fortune? Start with a big fortune, and buy a boat. |
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foodcoma
Reacher
Joined: Apr 29, 2006
Posts: 318
Status: Offline
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Feb 26, 2008 - 12:00 AM |
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Finance means different things to different people, but I assume that the OP reference to finance is more related to corporate finance and pe/vc, NOT accounting, back-office work, etc.
To that extent, I agree that many of the finance meetings/events that I've attended here are actually quite useless - there are more people trying to meet folks in the industry (for whatever reason) than there are actual finance-type people. In the last finance event I attended, I only met 2 others (out of dozens and dozens other people) who do this type of work.
I believe part of the issue is that there aren't that many people who understand this space in Shanghai, and most who do understand it live in other Asian countries, such as Hong Kong, Japan, or Singapore. Either that or those who live here could careless about attending such events, which is just as plausible.
Andreas, I'm not sure what kind of events you attended but if they were normally hosted or organized by companies/people selling "offshore investment services", then I most certainly sympathize with you. Most of the time, those companies simply hire any foreigner who can speak English, regardless of what their backgrounds are. |
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Andreas
Shanghai Royalty
Joined: Feb 27, 2004
Posts: 9140
Location: s/v Waratah
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Feb 26, 2008 - 12:12 AM |
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| foodcoma wrote: |
| Andreas, I'm not sure what kind of events you attended but if they were normally hosted or organized by companies/people selling "offshore investment services", then I most certainly sympathize with you. Most of the time, those companies simply hire any foreigner who can speak English, regardless of what their backgrounds are. |
You are quite right about that! |
_________________
How do you make a small fortune? Start with a big fortune, and buy a boat. |
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austfella
Talker
Joined: Jan 30, 2007
Posts: 79
Status: Offline
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Feb 29, 2008 - 10:40 AM |
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Any feedbacks from the last event? |
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sanjj
Reacher
Joined: Nov 01, 2007
Posts: 291
Location: Vancouver/Shanghai
Status: Offline
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Feb 29, 2008 - 11:16 AM |
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Not sure if it's relevant, but ---
How much would an underwriter (Life as oppsed to mortgage or securities) with 3 years of experience from Canada expect to earn in Shanghai per annum?
There are some North American insurance firms in Shanghai including Manulife, Sunlife, and AIG, etc.
Appreciate your input. |
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Darlynn
Lurker
Joined: Feb 27, 2007
Posts: 30
Status: Offline
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Feb 29, 2008 - 02:57 PM |
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i suppose that we can start some small gathering thing for the real financial professionals... |
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lijunj
Reacher
Joined: Nov 18, 2002
Posts: 355
Location: Kerry Center,Shanghai
Status: Offline
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Mar 02, 2008 - 01:43 AM |
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| klotzki wrote: |
http://www.fcclub.net/EventDetail.aspx?id=67
Check it out. I can't make this time around though. Let me know how it is if you do go.
Cheers,
Klotzki |
Hi Klotzki,
This website is inaccessible. |
_________________
Your friend in Shanghai |
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SnappySammy
Board Buddha
Joined: Nov 01, 2007
Posts: 13112
Status: Offline
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Mar 02, 2008 - 01:52 AM |
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| Andreas wrote: |
| I used to attend similar events, listened to all these financial 'experts', and found that I as a simple marine engineer forgot more about finance than these dunces will ever know. |
and at the same time you can also float your own boat.
The Finaancial experts you should only listen to are Wharton or othe Ivy MBA"s. Never trust some person with a degree in Finance from Podunk U.
There are always some exceptions but why take chances
The most unblieveable are people who invest with a stranger over the phone. However if it didn't work they wouldn't keep calling.
Good Sailing |
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bougie
Board Buddha
Joined: Nov 20, 2004
Posts: 14629
Location: Wuhan Hubei China
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Mar 02, 2008 - 06:10 AM |
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| austfella wrote: |
| Any feedbacks from the last event? |
we counted beans for two hours. it was really fun.  |
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underh20
Board Legend
Joined: Sep 27, 2006
Posts: 12702
Location: Veggie-Free Zone
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Mar 02, 2008 - 09:04 AM |
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| SnappySammy wrote: |
| Andreas wrote: |
| I used to attend similar events, listened to all these financial 'experts', and found that I as a simple marine engineer forgot more about finance than these dunces will ever know. |
The most unblieveable are people who invest with a stranger over the phone. However if it didn't work they wouldn't keep calling. |
Why???
Those nice African guys are only trying to help you get your $2,500,672, 516 dollars back. It's not their fault that the Nigerian government is inefficient and corrupt. |
_________________
"If I need to buy a TV, I'll definitely buy a Japanese TV. A Chinese TV might explode." -- Jackie Chan |
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SnappySammy
Board Buddha
Joined: Nov 01, 2007
Posts: 13112
Status: Offline
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Mar 02, 2008 - 09:31 AM |
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I gave two African brothers in a Mall in GZ whose father was a Genearal in the Army. He was on the winning side and was allowed to keep Millions in spoils. The father was killed and these two Brothers were in GZ looking to invest the millions their father left them. I loaned $5000 so they could travel to Shanghai and be able make a big investment with me...
I guess they must have losrt my phone number. I have not seen them or my money ever again. I hope they are OK. I wonder if their fathers enemies harmed them.
What do you think DR Under. |
_________________
Yank My Doodle It's A Dandy |
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underh20
Board Legend
Joined: Sep 27, 2006
Posts: 12702
Location: Veggie-Free Zone
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Mar 02, 2008 - 09:35 AM |
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^ Ah ... SnappySammy, I must thank you for the nice dinner in GZ that you paid for.
Those same two gentlemen asked me to also invest after having invited me to a delicious dinner at The White Swan Hotel. I declined. I think we spent about 20% of your $5k. |
_________________
"If I need to buy a TV, I'll definitely buy a Japanese TV. A Chinese TV might explode." -- Jackie Chan |
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SnappySammy
Board Buddha
Joined: Nov 01, 2007
Posts: 13112
Status: Offline
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Mar 02, 2008 - 09:43 AM |
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Did you also play golf there. Duan Duan has a Condo there.
I sure hope those two fellas are OK. It would be a shame if they were hurt after their poor father was killed. |
_________________
Yank My Doodle It's A Dandy |
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bougie
Board Buddha
Joined: Nov 20, 2004
Posts: 14629
Location: Wuhan Hubei China
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Mar 02, 2008 - 09:48 AM |
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Those 2 guys really get around |
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underh20
Board Legend
Joined: Sep 27, 2006
Posts: 12702
Location: Veggie-Free Zone
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Mar 02, 2008 - 09:49 AM |
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I don't like golf, but gotta give those underlings the opportunity for quality suck-up time.
I was only down there on vacation, now it's back to Shanghai and the sea of Shanghai Princesses.
Those now-not-so-poor fellas are probably ok. I'm sure they'll find your number when they need another $5k -- which should be soon. |
_________________
"If I need to buy a TV, I'll definitely buy a Japanese TV. A Chinese TV might explode." -- Jackie Chan |
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SnappySammy
Board Buddha
Joined: Nov 01, 2007
Posts: 13112
Status: Offline
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Mar 02, 2008 - 09:53 AM |
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Dr Under thanks for being such a good friend. I was starting to wonder if I got suckered. Now I know they were good guys. I'm a little curious, why didn't you invest with them. It is a very good return on your investment. |
_________________
Yank My Doodle It's A Dandy |
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underh20
Board Legend
Joined: Sep 27, 2006
Posts: 12702
Location: Veggie-Free Zone
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Mar 02, 2008 - 09:57 AM |
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I'm trying to avoid exposure to the whole subprime market. No sense of investing with subprime humans, too. |
_________________
"If I need to buy a TV, I'll definitely buy a Japanese TV. A Chinese TV might explode." -- Jackie Chan |
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SnappySammy
Board Buddha
Joined: Nov 01, 2007
Posts: 13112
Status: Offline
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Mar 02, 2008 - 10:01 AM |
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Now you tell me. |
_________________
Yank My Doodle It's A Dandy |
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