Strategic China Financial Models , Strategic  Investment OSA : Integrated Proactive Structural Dynamic US Fed/China Central Banks Monetary Policy, Economic Stimulus, Macro economic Control Impact on  Capital and  Housing market Asset Prices market forces mechanism and QFII/QDII  Investment strategy and Risks  Early Warning Systems Operations Simulation Analysis,(OSA) achieve Sustainable Profits Growth and  Market Shares growth
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China housing price bubble simulation :
China Strategic Investment   Strategic fund, wealth management  Shanghai/Shenzhen A/B/IPO  China small cap   ADR   mutual fund/ commodity/ bond  Hong Kong  blue chips H  Red Chips  NPL Asset Management  QFII/QDII strategy Supply Chain Logistics  Housing Bubble WTO import/ export pricing    QFII/QDII  strategy Supply Chain Logistics  Housing Bubble    ChinaCPA  WTO import/ export pricing

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isitors  news release  education reform  feedback   
 
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 Strategic SCM-logistics    retail  chain CRM optimization  retail banking CRM   Global  Structural Commodities Finance Workshops:
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OSA Markets Forecast Economic, Cultural Globalization  Enterprises Risk Management   CPAexam
Proactive US monetary Policy  Interest rate/bond    stock indices future
  Index fund  Gold/metal futures  ETF   Forex Currency futures  US hot stocks   Global ADR
 
 US banks-finance Oil, Gas Price  NasdaqInfo-100  Silicon -100  Weekend Edition 
 IPO pricing  profit early warning  Commodity Futures energy futures  Gold/metal futures 
 
Housing Bubble Basel II credit risks  market risks  Strategic Arbitrage Pricing
 Shanghai/Shenzhen A/B/IPO China small cap    ADR    mutual fund/ commodity/ bond 
 
Hong Kong H  Red Chips
 NPL Asset Management  QFII/QDII strategy Supply Chain Logistics  Housing Bubble WTO import/ export pricing
Dr. Warren Huang will offer 4 day strategic crisis, risk  event workkshops in Mumbai, Delhi, India for Indian banking, finance, capital markets, IT industries senior executives Oct 21-24, 2009

China Investment Strategy

China   357 billion USD economic stimulus  , China 2009 first half   personal income up 9.8 % CPI down 1.1% PPI down 5.9 %,  , GDP up 7.9 % fixed investment   up 33.5 %  industrial production up 9 %   export decline 23 %with excessive liquidity ( money supply growth  doubled from 15 % to 28 % in  July 2009 )with banking loan growth of 7 trillion in the first half 2009, down to 3355 billiobn in July, overheated excessive liquidity facing micro control to cool off the asset prices bubbles in housing and stock mark already leading to stock market up 100% ( up from 1660 to 3577) , despite 70 % of first half earning facing decline and loss and only 30 % earning increase, most prices already exceed 2007 6000 point peak level and PE  of 65 approaching  2007 peak, and housing price bubble, Beijing housing prices up 30 % in the first half 2009 , with Shanghai, Shenzhen, Shenzhen housing prices reaching all time high (over 2007 peak level, leading to credit tightening in second mortgage with first down payment raised to 40 %  . China A share start correction , plunged from 3466 to 302, predicted by Dr. Huang China blog in July  
lHousing bubbles in Yantze, Pearl River , Beijing Bohai delta, Shenzhen with housing price up 160-500 % auto demand  up 80 %  benefited by heavy foreign capital inflow  and 500 % stock price gain in 2007,  despite credit tightening stock prices plunged 75 %,housing price still up 1 % in July , 2009
very close to Dr. Warren Huang prediction and housing bubble warning to 
global investment banking, derivatives market fund managers on


: Proactive Structural China Strategic Investment  OSA
: Proactive China strategic knowledge economy, macroeconomic control impact on  investment, market economy prices mechanism, supply chain logistics, competitive pricing Competitive Intelligence Decision Operations Simulation Analysis / Forecasts, supporting daily China/ Global Government, Banking,
Finance, Business, Personal Decisions in crisis, Basel II risks early warning

What is China Investment  Strategy  OSA and  its achievements
OSA pioneer Dr. Warren Huang CV , extend his  Ph.D Thesis Moon landing guidance and control methodology
 by integrating China
Proactive Structural Dynamic macro economic control into 20  industrial sectors microeconomic supply, demand price mechanism and  daily financial markets equities, bond, currency, commodities, listed stock prices for Strategic investment banking , capital markets reform, innovative decisions Operations  Simulation Analysis (OSA) , supported by  goal , mission, performance tracking, optimization for  government ,banking, finance business fighting last 20 years uncertain, unknown  futures
Thousands decision simulators integrating monetary, economic policy into daily capital market prices,
 business performance, capitalize years, months ahead of last 20 year opportunities and crisis , change
personal life, change business and world decision making, achieving sustainable profit, market shares

growth, making personal, corporate dreams come true.

Macroeconomic control, Capital Markets ,  Banking, Finance Reform Oil prices Impact on 2007 China/US  Economy, financial, capital  markets , housing markets outlook
China/Global  QFII / QDII Optimal Asset Allocation, Portfolio Selection Strategic Wealth Management   Basel II Market, Credit, Operational, interest rate Risks Control OSA Global   Workshops

Dr. Warren Huang CV   Dr. Warren Huang English publications, speech
2007 Proactive global strategic mutual fund and wealth management investment strategy and risks early warning
He  will be the full day master class workshop  leader  on Emerging Opportunities and Risks in Strategic China Fund and Wealth Management for Terrapinns 2007 China Fund and Wealth Management Conference, Oct 2007 at Pudong Shangri-La Hotel,
Global/ China/ economy, capital market asset prices simulation, bubbles early warning, risk control  
By  Dr. Warren Huang, Global leader and pioneer in Global capital markets asset prices simulation, asset allocation, portfolio management OSA     
wh3928@yahoo.com    USA


US/China central  banks neutral  interest rate or inflation targeting will all fail to achieve sustainable growth and prices stability due to  Current US/China monetary policy, macroeconomic control policy still based on 30 year old US Friedman monetary economics theory using feedback control, based on lagging distorted  core inflation( exclude food and energy or distorted energy prices) to set  interbank rate, fail to predict  its its impact on currency, stock, commodities, housing, asset and its downstream products market prices and its impact on CPI and core inflation". resulted  excessive money supply growth in 2003, consumer, business demand, wealth effect speculation since then overheating ahead of asset bubble and in CPI inflation. leading to doing too little, too late in fighting potential inflation and soaring housing construction material asset bubbles.

While Dr. Warren Huang's 35 years development, implementation of thousands proactive structural dynamic global monetary, macroeconomic, asset prices simulators have been able to tracking, simulate forecast months, years ahead of last 25 years misguided policy resulted 1980, 1990, 2000, 2005 soaring oil prices, energy energy crisis , stock, commodity, housing asset bubbles, China 1994 run away inflation offered thousands lectures to China Beijing, Shanghai, Shenzhen, Wuhan, Guanchow , Taiepi, US San Francisco 15 cities TV, radio investors, traders, hundred  banking finance companies CEO, fund managers, executives, predicted 1994- 1998 macro economic control, soft landing, and   Asian  currency crisis, results have been presented to 21 US, EURO, China, Asian central banks governors monetary policy for sustainable growth and prices stability and global financial crisis risk management conferences and his website www.osawh.com  (visited by 82 countries central banks, banking, finance, enterprises, universities since 1998.
He predicted  in 2003 that US facing housing and construction materials asset bubble deflation/burst again with 4 % inflation, due to excessive rates tax cuts,  rate cuts, money supply growth resulted excessive consumer,  business demand, stock market and housing markets speculation resulted bubble and 50 trillion dollar wealth effect , despite Greenspan 13 rate hikes and overoptimistic on inflationary and oil prices outlook using lagging, distorted  " core inflation "  following same mistakes in the last 20 years boom and bust.  GDP growth can no longer sustainable in current overheated bubble. Fed maintaining inflation is contained and oil prices will drop in the past 13 rate  hikes, encouraging housing and stock market wealth effect resulted speculation.  Housing mortgage bond yield are below 6 %, too low to cut demand and asset bubble. pushing oils and construction materials, metal to new high in winter heating oil demand peak due to cold weather demand and soaring US trade deficit to 68.9 billion, drag US dollar predicted by Dr. Dr. Huang Nov 18, 2005 in Beigijn China Oil Market Conference  to ExxonMobil, ARAMCO, Phillips Petroleum CEO, VP
 

 US/China 2003- 2005 macroeconomic, inflation control  tracking, 2005 forecasts:
Dr. Huang spoke to
Euro-events Singapore , Shanghai, Beijin Nov.  2003  Asian/China Finance, Capital Markets conferences lecture to 2000 QFII, QDII mutual fund managers and  China Economist annual meeting Dec. 20 and San Francisco Silicon Valley finance radio and global finance investment seminar May7,  8, 15,2004 and   www.osawh.com   website  warning  global central banks excessive rate, tax cuts, ignoring Dr. Huang's warning on www.osawh.com  website and global conferences, underestimated global economic recovery resulted inflation,  excessive demand for housing, manufacturing, auto pushed oil, metal constructional materials prices to new high and rising cost, prices to 5000 upstream /downstream raw materials, products (core inflation) due to US  excessive money supply growth, rate, tax cuts, Fed raising rate , too little, too late , China delaying  rate hike to effectively cut market demand led to China Sept.  2004 CPI inflation up 5.2 % again 2005 GDP growth still at 9.4 % due to increasing   business ( up 22 %)and consumer demand up 14 % Despite China Oct 2005 CPI dropped to 1.2% due to distorted energy, asset prices. China still facing inflationary pressure (not deflation) as China soon will facing resources (coal, oil, water, electricity market forces prices mechanism reform reflecting rising oil prices impact on resources.  
 
US Greenspan, global economists,  market analysts over optimistic  over oil, commodity weakness and underestimate inflationary pressure  and 10 yr. bond yield too low , long interest rate has to go up to 5 % in the month ahead due to excessive business and consumer spending twin growth engine will drive second half 2004  and 2005 economic recovery, profit growth, bull market rally, Oct job creation of 337000, will repeating March ,, 2004 , 2005 growth will be below 112,000 , peaking out as entering peak holiday season,  underestimated on the impact of US dollar depreciation, excessive rate, tax cuts , 48 trillion dollar  housing, equities wealth effect resulted excessive consumer, business demand, NAPM peaking out in the second quarter at 66 ( already plunged to 56 as predicted ) driving soaring oil, commodities, metals asset prices bubble reaching 23 year high in March, May  and extending into the rest of  2004 and repeating in 2005 with  US trade deficit soared to  55- 60  billion and inflation, facing credit tightening, rate hikes after May, Aug. Sept , Nov 2004 and extending well into summer 2005, profit , productivity growth , consumer confidence , business spending,  peaking out,  economic leading indicators declined for 6 months ,business  facing profit  squeeze in  second half  2004, China and US, Global stocks bull markets are over, entering bear market consolidation.   US High tech, finance, housing, retails, auto share will give up  all its 2004 gain plunge  30-50 % and  trillion dollar loss in bond and stock markets repeating 1995 and 2000  and trillion dollar profits in oil, commodity futures investments
. Huang  pioneered two master hands thousands structural dynamic proactive quantitative models  accurately predicted last 20 years global economy and daily capital market asset prices , presented to 24 global central bank governors, risk management conferences , He predicted again  2003 Nov. 2003 to Euro-events Singapore http://www.euro-events.com/conf/afcm2003/  with photos 1, 2, 3 lecture  ppt  , Shanghai, Beijin Nov. Asian/China Finance, Capital Markets conferences,  www.euro-events.com/conf/cfcm2003   picture  2  to 2000 QFII, QDII mutual fund managers, identify month ahead, investment opportunities in China ADR Hong Kong H shares, China A  blue chip petrochemicals, SNP, telecommunication Unicom A shares and value investing China mutual shares up 80 %and  and to China economists meeting Fudan University, Shanghai , Dec. 2003  early warning for 2004 asset bubbles in energy, metals commodities prices doubled, reaching 23 year peak, ( invested in future, derivatives gained 5000 %, mutual fund up 80 %) will drive China inflation to 4 %, China Peoples banks further credit tightening and rate hike( raised deposit ratio to 7.5 % Apr. 25, 2004, Oct. 0.27 % and more )will drive 2005 GDP to 7.5 %  despite 2004 GDP of 9.1%

Goal and Mission

OSA inviting you to our Global/ China/ Asian Economy and Capital Market Asset Prices Simulation, Bubbles Early warning, Asset allocation, portfolio Investment strategy, Basel II Risk management  in-house executives  workshops, supporting China/ Asian/global QFII/QDII  optimal global asset allocation, portfolio management strategy  banking, finance, enterprises reform :

 What  is the impact of global oil, commodities price bubbles, China/US rate hikes on China/Asian/US /global export, economy, capital markets asset prices, asset allocation value  investment strategy?
These workshops will bring you millions global/China  executives  feedback  from thousands of our past workshops , forecasts the what, why  of how , when of  market forces controlling last 20 years global/China  economy, capital market asset prices  by Dr. Huang’s pioneering two master hands.
Over 60 ASEAN, China, Hong Kong, Taiwan QFII, multinationals( Citicorp, UBS, BNP,  ABN, Deutsch Bank, DBS, Bank of
Singapore, Motorola, Acer, Texaco, AIG, Ernest Young, Bearingpoint ) companies VP, executives contact for these workshops since Nov. 5, 2003 

Global Capital Markets Asset Prices, Bubbles Simulation, Early Warning OSA 2005 strategic investment/ Basel II risk management lecture/workshops tours 
 (covered thousands lectures, 46 countries capital cities 30 million , banking,  finance corporate CEO, CFO, fund managers, senior executives  investors since 1983,
Taipei Dec 4- 8, 2004 80
email   osawhh@citiz.net , wh3928@yahoo.com for reservation

 Speaker, Dr. Warren Huang, Pioneer, Global leader, scholar in Global Strategic Management

 Global Economy and Financial Markets Asset Prices Mechanism   Simulation /Forecasts through

The only and most reliable structural dynamic deterministic decision simulators tracking, forecasts months ahead last 20 years global economic, financial crisis, asset bubble, and daily capital market asset prices avoided trillion dollar market loss due to current probabilistic models based capital market asset prices and risks models ( CAPM ), presented to US, European, China, Taiwan , Asian central bank governors, financial risks and wealth  management conference


 Dr. Huang's when you have two OSA master hands you are in good hands predicted on Euroevents Singapore, Shanghai, Beijin Asian/China Finance, Capital Markets Conference Nov. 2003 that soaring oil commodities, metal prices hit 23 year high early 2004 push US, China inflation to 5 % resulted rate hike after Sept  2004, Global high tech stocks make 30- 50 % correction, Nasdaq testing 1750., Dow test 9750,
OSA for global central banks macro-economic control , prices stability and capital market prices simulation, forecasts , value investing strategy, mutual  fund  optimal asset allocation equities, bond, currency investment, portfolio management, wealth management,  risk hedging  tracking/forecasts month ahead  the root causes, onset, spread, recovery of last 20 years China/Asian/Global financial crisis, asset bubble bursts lecture to 24 China, Taiwan, Asian, US, ECB central bank governors, wealth management, financial market risk management conferences and millions global central banks, banking, finance, corporate CEO, executives on  www.osawh.com  website  since 1998  .  Over 30 million China, Taiwan, Asian, US , ASEAN, European executives, investors on TV, radio programs and thousands workshops tracking his last 20 years results  predicted to China 15 cities TV, radio investors and hundreds banking, securities companies CEO,CFO, fund managers in China 1994-96 macroeconomic control, softlanding and to 20 global central banks governor conference, 1999-2000 on  2000 IT bubble burst plunge 70- 90 % and  mutual fund bubble burst and US global banking, old economy blue chips , Buffet Berkshire, big cap value stocks mutual fund plunged 50- 70 %  July 2001 to Beijin China Peoples Bank executives and on this website and predicted US and global stocks bull markets  rally  March 2003 Dow Jones  from 7300 to 10,000, Nasdaq from 1200 to 2200 Japan Nikkei rebound from 7500 to 12000, , emerging market Taiwan, India, Russia index almost double and index mutual fund 80 %  2003 March rebound on Kuala Lumpur Asset Securitization conference Oct. 2002  to 50 central bank, banking, finance, executives Sep , 2002

US macroeconomic, inflation control  tracking, forecasts: Dr. Huang spoke to Euro-events Singapore , Shanghai, Beijin Nov.  2003  Asian/China Finance, Capital Markets conferences lecture to 2000 QFII, QDII mutual fund managers and  China Economist annual meeting Dec. 20 and www.osawh.com  website and thousands workshops  warning  US, global analysts over optimistic  over the business and consumer spending twin growth engine will drive second half 2004 economic recovery, profit growth, bull market rally, job creation , underestimated on the impact of US dollar depreciation, excessive rate, tax cuts , 45 trillion dollar  housing, equities wealth effect resulted excessive consumer, business demand, NAPM peaking out at 66 ( already plunged to 58 as predicted ) driving soaring oil, commodities, metals asset prices bubble reaching 23 year high in March and Aug.  2004  US trade deficit soared to 55 billion and inflation, facing credit tightening, rate hikes after May, Aug. 2004, profit , productivity growth , consumer confidence( already plunged to 98 from 106 as predicted) , business spending,  peaking out, facing  squeeze in  second half  2004, Job creation peaking out at March 370,000,  May 230,000, June 80,000, July only 32,000 , despite Aug 112,000, stock prices peaking out in the second quarter, China and US, Global stocks bull markets are over, entering bear market consolidation.   US High tech, finance, housing, retails, auto share will give up  all its 2004 gain plunge  30-50 % and  trillion dollar loss in bond and stock markets repeating 1995 and 2000  and trillion dollar profits in oil, commodity futures investments
US inflation rate at  3.2 % in July, with business  spending up 10 %, consumer confidence above 106 ISM at 66 are inflationary, facing inventory built up,  oil,
soared to 50  new high, will drive up 20 sectors 5000 products costs and prices, more rate hikes are on its way to cool off the economy. ( despite July wholesale price only up 0.1 %
Global Capital Markets Asset prices tracking, forecasts:

Dr. Huang lectured to 50 European, Asian, Malaysian central banks, banking, finance executives Kuala Lumpur, Sept. 30, 2002 predicted that oil prices soared to 43, Dow Jones retest 7500 Nasdaq 1250, March 2003 on Asian Business Forum.  
He lectured Nov. 2003 lectured to Euro-events Singapore http://www.euro-events.com/conf/afcm2003/ photos 1, 2, 3 lecture ppt  , Shanghai, Beijin Nov. Asian/China finance, capital Markets conferences,  www.euro-events.com/conf/cfcm2003   picture  2  and to China economists meeting Fudan University, Shanghai , Dec. over 2000 QFII/QDII executives, identify housing, equities wealth effect bubbles   month ahead, investment opportunities in China petrochemical upstream/downstream, steel, aluminum, telecommunications ADR , Shanghai A and Hong Kong H shares, mutual fund up 80 %  IPO shares up 150 % and early warning for asset bubbles in oil, commodities prices reaching 23  year peak( recommended invested in future, derivatives gained 5000 %) in March 2004, will drive China CPI to 5 %, with steel, cement over-invested 170 % and energy shortage will lead to further credit tightening, accurately predicted China Peoples bank raise bank reserve ratio 0.5 % to 7.5 % open market inter-bank rate (Chibor)must stay above 3.% to remove 110 billion from the capital markets,  US CPI to 5.1 %, core inflation to 2.7 % in the summer , overoptimistic over US economic recovery and job creation,( despite March strong 300,000  new jobs can not sustainable after June quarter tax rebate is over ( June job creation already down to 32,000) and  inflation outlook may lead to rate hike after May and summer lead to serious bond market plunge (US lose  380 billion dollar, China lose 270 billion) housing bubble repeat 1995 bond market crash and 2000 election bubble and global IT and blue chips banking shares will peaking out in July  facing and correction 2004, Market speculators using Dell 29 % profit gain to push Dell and High tech, and blue chips is premature, Dell will facing pricing cutting from HP in back to school sales and general economic slowdown, Dell stock will plunge below 30, IBM test 80. Global IPO  will facing 30-50 % correction  as Google plunged from 135 to 60-80, any attempt using IPO to speculate market rebound will be followed by sell off bear trap  Dow will be traded 9550- 10600, Nasdaq  1650- 2100 , S&P 1000- 1190, Taiwan index post election bubble burst from 7200 to  5000- 5500, Henseng 10500- 13500, Nikkei 10000- 11900, China credit tightening, rate hikes continue. Shanghai A 1250- 1500, Shenzhen 3000- 3450, Euro : 1.25- 1.30 , Yen 105- 110, US, Asian and European stocks  follow US stocks  rebound  in the final quarter 2004 will gave up all this year gain
 China and US economic slowdown will drag global economic growth, stocks  ( including IPO )facing  30-50 % bear market  correction consolidation   

Dr. Huang global strategic investment/risk management lecture/workshops tours  (covered thousands lectures, 46 countries since 1980 )
Book Dr. Warren Huang's  China/US credit tightening impact on global recovery, capital market asset prices, risk  hedging 2004 second half  global investment strategy workshops (  June Taipei, Shanghai, Beijin, Hong Kong tour )getting ahead of the emerging trend, capitalize on China , US rate hike impact on global economy and capital markets, while minimize credit, markets, operational risks.osawhh@citiz.net

Dr. Warren Huang lectured  San Francisco Nexusdirect.net Huaxin securities Silicon Valley investors workshop on China/US rate hike, soaring oil prices impact on 2004 second half global asset allocation, investment strategy, May 15, 2004 at World Journal daily news center, predicted, recommended  accurately buy China Unicom, CNOOC ADR shares and US Silicon Valley high tech, biotech, as Nasdaq plunge below 1875, The Nasdaq did plunged to 1865 May 17, Monday, investors bought these share at their bottom, enjoyed 10 % profit in two days.  
======Dr. Warren Huang  North American China-US  TV radio interview, investment seminar Lecture =====
Dr. Huang had half hour interview by Silicon Valley Financial TV, Radio station to speak on China/US credit tightening impact on economy and high tech/biotech corporate performance, stock prices, Global ADR asset allocation and risk management. accurately predicted Dow broke 10,000, Nasdaq broke 1900 to 1850, recommended to buy CHina ADR, US high tech share completed 30- 50 % correction, downgrade India high tech share. US Nasdaq plunged to 1875, May 10, India stocks plunged 12 % May 17
Global Chinese Finance Forum San Francisco Silicon Valley High Tech/Biotech Investment Seminar 2004
An excellent opportunity to meet with Dr. Warren Huang to discuss “Market Trend and Outlook for Chinese Theme Stocks in US” and CEOs from five growing public companies to learn their current projects and growth potentials.
Date: May 8, 2004 (Saturday)        Time: 9:30-3:10pm  Venue: Crown Plaza Hotel, 777 Bellew Drive, Milpitas Format: Presentation in Chinese and English, Booths, Q&A, Lunch  Registration and Information: Please visit www.GCFF.net 

==China stocks, bond, commodity, metals, mutual fund investment strategy, bubbles warning workshops== , reserve  osawhh@citiz.net  
===========================================================================
workshop highlights ( select the subject of your interests )

A  Monetary, Economic , fiscal Policy , WTO impact on Greater China /Asian/ Global Economic Recovery : GDP,  Retails, Trade, unemployment, FDI:   China   Hong Kong   Taiwan  Singapore  US,  Western / E. Europe,  Russia  Japan,  Korea   
B. China/Global Monetary, Economic, Fiscal Policy, WTO Impact  on China/global Capital Markets, Fund return , risks:
 China   Hong Kong   Taiwan  Singapore    US,  EMU EURO / Eastern Europe,  Russia  Japan,  Korea   
.China  Inflation, Interest rates, government, corporate bond yield and fixed income fund  forecasts risk s early warning
.
 China state enterprises reform privatization and IPO performance, stock pricing strategy
·China Strategic Corporate Governance, supervision, financial systems monitoring , stock prices bubbles, early warning

·China Banking, finance reform, IPO,  Securities, Banking, Insurance , regulation, supervision Basel II risk early warning
. Causes, onset,  recovery, early warning of China/Asian financial, currency, asset bubble crisis and NPL loan assets

  currency, credit, market risk simulation, hedging, plant equipment performance and syndicated loan, securitization
· Strategic Global/China QFII/DFII, for domestic and foreign US/ IPO and ADR, global equities markets listing pricing 
· Equity fund capital markets:  Shanghai, Shenzhen A,B ,Henseng , Blue chips, Red chips, H share, Taiwan  Japan, US, Russia,  global  indices futures,
Index fund  , ETF  , derivatives  prices mechanism,  Forecasts, Hedging strategy
. China RMB pricing mechanism , major  global currency market  futures, derivatives prices , forecasts,
risk hedging
.Global biotech products, markets innovation, investors sentiment impact on IPO, stock prices performances

. IT  post bubble recovery,  housing, auto, steel  bubbles demand, prices, earning, stocks, mutual fund performance
.Oils, metals commodity futures, derivatives  prices, earning, stock prices , mutual fund performance, hedging  risks.

· Shanghai, Shenzhen A, B  listed stocks  corporate earning, stock prices, China fund, derivatives risks hedging
.China/Global oils, petrochemical, fiber/textile corporate early, stocks prices, mutual fund performance, investment strategy.

 China mutual fund  and global  mutual fund performance , investment and distribution strategy.

 China /US /Global Strategic pre/post Mergers & Acquisitions, MBO performance, stock prices, investment strategy
· Assets ( Auto, credit cards ) and Mortgage Backed Asset Securitization prices,  defaults risks simulation
·China/US equities and properties housing bubble  wealth effect investment strategy simulation and risks management 
.China /US Debt, equities, money, energy, gold , index  mutual  fund performance, asset allocation risk management
China and US , Global monetary, economic, fiscal policy, WTO impact on Japan, Asian economy, capital markets prices Mutual fund Optimal Asset  Allocation strategy:
US  China Hong Kong  Taiwan   Singapore, Malaysia, Japan   Korea,  Thailand,  India  Eastern Europe/Russia  EURO
==============================================================================================

Who should attend:
Listed domestic, global multinationals, SOE, SME companies. IPO  board members, financial institution CEO, CFO, managing directors, asset,  fund managers, banking, securities, insurance regulators, investment bankers, equities, currency, bond, commodity futures, trading managers, traders, investors.

Costs and Benefits: Dr. Huang’s round trip San Francisco Air fare, hotel plus lecture fee
workshop will tell you the what, why and how, timing to capitalize on trillion dollar investment opportunities, while avoided chasing the markets resulted trillion dollar loss.

Language:  Mandarin or English

 Reserve your  in-house workshops (June)   osawhh@citiz.net   ( Chinese)    or wh3928@yahoo.com   ( English )


5- day Global Oil, Gold, Currency Futures, Option Prices Simulation Forecast Workshop
30 years helping 78 countries multinationals oils and downstream fighting soaring oil, feedstock cost, maximizing sustainable profits and market shares.

Dr. Warren Huang  has 30 years pioneering  Wall Street research  for US major oils,  Taiwan, China government, banking, securities, insurance, properties companies, state , medium enterprises global investment ,supply chain strategy, tracking monetary , economic, fiscal ,WTO policy impact on last 20 years global economy, financial, energy crisis and  daily capital markets asset prices, spend half time wrote thousands articles on daily newspaper, investor journal in Taiwan tracking Taiwan, US, global stock markets listed stocks since 1985 (index from 650 to 12800) and  300,000 Taiwan importer/exporters 100 countries currency export quote strategy OSA, spend half time in China, accurately predicted China  1994 macroeconomic control and 1996 soft-landing and  current credit tightening and  root causes, onset, recovery Asian and global financial, currency, energy crisis and current high tech bubble burst  recovery.
He has been invited to speak to 24 global central banks governors ( China Peoples Bank, US, Taiwan, ECB, Asian central banks) and financial risk management, Shanghai world economic forum  conferences; offered thousand executives investment strategy workshops to million China, Taiwan, Hong Kong government, banking, securities, insurance, properties cos CEO, CFO, money managers and daily, weekly market commentary for  China, Taiwan 15 cities ( Shanghai, Bejiin, Shenzhen, Taipei, San Francisco Silicon Valley) 30 million  TV, radio  financial executives, VIP  investors since 1994
He has been keynote speaker, offered full day workshops for IBC Asia, Asian Business Forum and EURO-EVENTS conferences in Singapore, Kuala Lumpur, China SINOPEC and World Economic Forum in Beijin, Shanghai
,

Dr. Huang’s 20 years global tracking record:, always predicted 3-6 month ahead global financial , global stock indices, currency, energy, commodity futures and housing ,asset bubble burst crisis, avoided trillion dollar market loss and NPL loan.

China experience :He offered thousands lectures  to  30 million China nationwide 13 cities TV, radio 30 million investors, VIP trader, asset managers and nationwide national securities news papers and thousands workshops for hundreds nationwide banking, securities, insurance, properties CEO, manager, daily securities news accurately predicted China macro-economic control, credit tightening , Shanghai A traded between 600-800 during 1994-96 and first rate cut, soft landing, March 1996, and warning on Asian, Hong Kong financial crisis. 1997-1998. He accurately predicted on his website and Shanghai workshop March 2003 China A share rebound to 1650 and again in May warned Steel, auto, housing market overheating led to China Peoples Bank credit tightening, raise deposit ratio 1 % in Sept.2003 and 0.5 % again in Apr 2004
Tracking resulted witness by million global government , central banks, banking, finance, insurance,  corporate executives, academics visited our www.osawh.com  website  for the  strategic wealth management , asset allocation, risk management
Goal and Mission, performance oriented  workshops tailored to your need,
Choose your own country/industry/subjects  for  each 2 hour session

China ADR shares prices OSA,  asset bubble earning warning,

Name

Symbols

outlook.  early warning

trading range

China Mobil HK

CHL

credit tightening, price cutting, competition

  11- 18

China Unicom

CHU

credit tightening, price cutting, competition

  6- - 10

China Telecom

CHA

credit tightening, price cutting, competition

  20- 30

China PetroChem Corp

SNP

soaring oil, rising costs, credit tightening in auto, housing

  28- 35

PetroChina

PTR

soaring oil, rising costs, sensitive to oil price bubble

  35- 50

CNOOC

CEO

soaring oil, rising costs, sensitive to oil price bubble

   30- 45

China Life Ins.

LFC

credit tightening,  rising delinquency, default

   18- 25

Alumina Corp China

ACH

credit tightening, energy shortage, soaring cost

   51—75

Shangha Luijiazui

SLUJY

credit tightening, default, peaking out in demand

   3-  4.5

GuanshenRailway

GSH

soaring cost , competition from bus

   12- 17

Shanghai Petrochemical

SHI

soaring oil, rising costs, credit tightening in auto, housing

   29-  36

Yizheng fibers

 

soaring oil, rising costs, falling prices, margin

  16- 20

China EasternAir

CEA

soaring fuel cost, price cutting

  15- 20

Angang Steel

ANGGY

credit tightening, energy shortage, soaring cost

  13- 20

 
Top 25 Global Funds Overall Ranked By Year To Date Return and outlook OSA Forecasts

 

Top 25 funds are ranked by year to date performance as of 2004-04-19 
from AOL personal finance morning star  http://poweredby.morningstar.com/selectors/AolTop25/UNVYTD.html

fund name

ticker

star ranking

min invest

ytd return

 YTD return outlook, early warning

 

American Heritage

AHERX

   *

2500

33.3

 25- 35   slowdown 

Third Millen Russia

TMRFX

  *****

1000

29

 28- 35   strong growth continue

Profund Wireless invt

WCPIX

 *

5000

28.5

 25- 30  slowdown

Profund wireless Svc

WCPSX

  *

5000

28

 27- 32  slowdown

ING Russia A

LETRX

   *****

1000

25

25- 32   strong growth continue

Dimen Japan Small co

DFJSX

   ***

2000000

24.6

24- 29   strong growth continue

US Global Eastern Europe

EUROX

   *****

5000

24.1

24- 30   strong growth continue

Scudder Global Biotech A

DBBTX

   **

2000

23

23- 28strong growth continue

Scudder Global Biotech C

DBBCX

   **

2000

22.8

23- 28strong growth continue

Scudder Global Biotech B

DBBBX

   **

2000

22.7

23- 28strong growth continue

Jennison Health Sc. Z

PHSZX

   ****

 

21.8

21- 26strong growth continue-

Jennison Health Sc. A

PHLAX

   ****

1000

21.83

21- 26strong growth continue-

Jennison Health Sc. B

PHLBX

   ****

1000

21.6

21- 26strong growth continue

Jennison Health Sc. C

PHLCX

   ****

2500

21.6

21- 26strong growth continue-

Fidelity Select wireless

FWRLX

   **

2500

19.8

18-22 slowdown

New York Equity

NYSAX

    *

1000

19.5

19- 25strong growth continue

Fidelity Japan Small Co

FJSCX

    *****

2500

19.44

19- 25 strong growth continue21-

Schwab Intl S&P 500

F00BJ2

   ***

250000

18.66

15- 24 strong growth continue21-

Profund Japan Inv

UJPIX

   *

5000

18.47

18- 24 strong growth continue21-

Japan Smaller co

JSCFX

  

2500

18.24

18- 25strong growth continue21-

Profund Ultra Japan SVC

UJPSX

    *

5000

18.1

18- 24strong growth continue-

T.Rowe Price E. Euro,Med

TREMX

     *****

2500

17.99

17- 25strong growth continue-

Vontobel E. Euro equity

VEEEX

     ****

2500

17.78

16- 26strong growth continue-

Matthew Japan

 MJFOX

     ***

2500

17.64

17- 25strong growth continue-

Amerido Tech D

ATCHX

     **

2500

17.54

16- 24strong growth continue-

 

 Taiwan semiconductors/electronics ADR shares prices OSA,  asset bubble earning warning,

Name

Symbols

outlook.  early warning

trading range

Adv. semicon Engr

ASX

 price cutting, competition

  4-  8

Dialog. semicon

DLGS

 price cutting, competition

  10- 15

Gigabyte Tech

GGBYY

credit tightening, price cutting, competition

   6 - 9

Micronix Intl

MXICY

price cutting, competition

  2- 3.5

Mosel Vitelic

MOSLY

price cutting, competition

  1- 3

PROMOS TECH

PTIQF

price cutting, competition

 3 -  6

Siliconwar precision

SPIL

price cutting, competition

  4-  8

Sunplus Tech

SNPLY

price cutting, competition

   3- 6

Taiwan Semicon

TSM

price cutting, competition

  9- 12.5

United Microele.

UMC

price cutting, competition

  5- 8

Winbond ele.

WBEKY

price cutting, competition

 4- 7

 

walsin Lihwa

WSLWY

price cutting, competition

 3-  5

Teco Elect

TEMRY

price cutting, competition

 3-  5

Quanta computer

QUCPY

price cutting, competition

10- 12

Nanya Tech

NNYAY

price cutting, competition

 6-- 9

Hon Hai precision

HNHAY

price cutting, competition

 8--12

Chunghwa Pict

CNWAY

price cutting, competition

10- 13

German  ADR shares prices OSA,  asset bubble earning warning,

Name

Symbols

outlook.  early warning

trading range

Allianz

AZ

 price cutting, competition, market risks

  12- 15

Addidas

ADDDY

 price cutting, competition

  50- 65

BASF AG

BF

soaring oil price, costs, price cutting,

   45--60

Bayer AG

BAY

price cutting, competition

  25-- 35

Commerzbank

CRZBY

Hi unemployment, weak demand, competition

 18 - 22

Deutsch Telecom

DT

price cutting, competition

16-  22

InfIneon

IFX

price cutting, competition

12-  17

SAP

SAP

price cutting, competition

 35- 45

Schering

SHR

price cutting, competition

  45-45

Siemens

SI

price cutting, competition, demand up

  75- 85

Volkswagons

VLKPY

price cutting, competition

  5- 8