Professor and Associate Dean, PBCSF and National Institute of Financial Research, Tsinghua University. PhD in Finance, Yale Univ. Former Professor, Univ. of California. Led research team, Lehman Brothers and Nomura Securities. Deputy Director and Professor of Finance, Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiaotong Univ.; Faculty Fellow, Int'l Center for Finance, Yale Univ.; Special Term Professor of Finance, Univ. of California and Beijing Univ. Adviser: PBOC; CSRC; Shanghai Municipal Government; companies. Author of articles in academic journals and business magazines. Interviewed by media for expert opinions. Independent director of many companies. Expertise: global financial system, Asian financial markets, investments, behavioural finance and corporate finance.