Hong Kong Institute for Monetary Research (HKIMR)

HKMA 20th Anniversary Research Workshop

 

07 June 2013 (Friday)

Harbour Room, 56/F, Two International Finance Centre, 8 Finance Street, Central

Programme


9:00am Welcoming Remarks

9:05am - 10:35am Recent Performance of the Hong Kong Dollar Foreign Exchange Market and the Linked Exchange Rate System

Cho-hoi Hui and Tom Fong (Hong Kong Monetary Authority)
Discussant: David Cook (Hong Kong University of Science and Technology)

Current Account Deterioration in Hong Kong: An Emerging Sign of Macroeconomic Vulnerability?

Lillian Cheung, Raymond Yuen, and Simon Chan (Hong Kong Monetary Authority)
Discussant: Yin-Wong Cheung (City University of Hong Kong)

10:35am - 11:00am Coffee break

11:00am - 12:30pm Transmitting Global Liquidity to East Asia: Dollar Credit in Mainland China and Hong Kong

Dong He (Hong Kong Monetary Authority) and Robert N McCauley (Bank for International Settlements)
Discussant: Jonathan Batten (Hong Kong University of Science and Technology)

Rising Mainland Exposure of Hong Kong Banks: Finding the Optimum Level and Assessing the Systemic Risk

David Leung, Tom Fong, Jim Wong and Kelvin Ho (Hong Kong Monetary Authority)
Discussant: Charles Leung (City University of Hong Kong)
12:30pm - 13:30pm Lunch

13:30pm - 15:00pm Rental Adjustment and Housing Prices: Evidence from Hong Kong

Honglin Wang (Hong Kong Monetary Authority), Chu Zhang (Hong Kong University of Science and Technology) and Weihang Dai (Chinese University of Hong Kong)
Discussant: Yinggang Zhou (Chinese University of Hong Kong)

The Demand for and Supply of Mortgage Loans in Hong Kong: The Role of Loan-to-Value Ratio Policy

Eric Wong, Andrew Tsang and Steven Kong (Hong Kong Monetary Authority)
Discussant: Ilhyock Shim (Bank for International Settlements)

15:00pm - 15:30pm Coffee break

15:30pm - 16:15pm The Development of the RMB Market in Hong Kong : Assessing Onshore-Offshore Market Integration

Sean R Craig, Changchun Hua (International Monetary Fund), Philip Ng and Raymond Yuen (Hong Kong Monetary Authority)
Discussant: Cho-hoi Hui (Hong Kong Monetary Authority)

16:15pm - 17:30pm Panel Discussion: The Implications of Capital Account Liberalisation in Mainland China for Hong Kong as an International Financial Centre

Moderator : Dong He (Hong Kong Monetary Authority)

Panellists :
Julia Leung (Financial Services and the Treasury Bureau)
Andre Meier (International Monetary Fund)
Eddie Yue (Hong Kong Monetary Authority)