20 July 2017

Joseph Yam

  • The zero-sum game in finance

    - Jun 19, 2017 5:22pm
    I am sure readers are familiar with the general characteristics of a zero-sum game, in which the winnings of players are always matched by losses of other players, and have come across and played in a...
  • Transformation, transfer and transaction of risks

    - Jun 12, 2017 12:00pm
    The matching of the different risk appetites of investors with the different risk profiles of fund raisers can be achieved through the transformation, transfer and transaction of risks. Banking, in its fundamental form, involves largely the...
  • Viewpoints on financial culture: Back to basics

    - Jun 5, 2017 12:00pm
    The public interest in finance Finance is essentially quite a simple area of activity, at least in terms of its purpose. In any economy, there are those with a surplus of money – for example, the...
  • Finance and the modern economy

    - May 29, 2017 12:00pm
    The great leader who embarked on the modernization of China, Deng Xiaoping, once said: “Finance is very important. It is the nucleus of the modern economy”. In saying this, Deng obviously wanted very much to emphasize...

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