中文 Chinese
Global Strategic Management     OSA  two masters controlling global economy, daily financial markets  China ADR, IT, Biotech stock  prices , 
OSA  in China/global financial crisis, bubble burst early warning, achieve sustainable profit growth  in crisis 
  www.osawh.com     About OSA   Products & Services    Nobel Prize dream    book your full day workshops

         Global Chinese Finance Forum Investment Seminar,  May 8, 2004, Milpitas, California by North American Investors Emerging  Market Trend, investment strategy, risks :  Two master hands controlling  China ADR , US  IT, Biotech  Stocks
US, China rate hikes impact on macro economy, China, US stock market performance, investment strategy, Risk management
 by Dr. Warren Huang, pioneer, OSA Global Strategic Management and two master hands controlling global economy, capital market Prices 

Tracking results witness by  2 millions global government finance, education, central banks, banking, finance, insurance, multinational, SOE corporate executives, academics visited our www.osawh.com    website  since 1998 for global  strategic  investment management  Goal and Mission, performance oriented  workshops tailored to your need,

Special announcement: As of March 31,  2005, all  www.osawh.com    global/China finance, capital   market forces mechanism simulation forecasts will be provide www.osaglobalstrategicmanagement.com/resources2.html 
 and www.osaglobalstrategicmanagement.com/oilgas.html and www.osaglobalstrategicmanagement.com/chinaadr.html   through its proactive structural dynamic OSA forecast provide weekly/monthly China ADR  forecast, update, it accurately predicted Oil price soared to 60,  US trade deficit soared above 61, import prices up 1.5 %, US job creation peaking out in Feb , drop to 112000, industrial production slowdown, inventory built up drag Dow Jones, test 9750- 10300, Nasdaq test 1800- 1950

OSA challenges unknown, uncertainties future: Two maser hands controlling global economy, daily financial market prices

This author spend 30 years applying APPLO moon landing tracking, guidance control to global economic growth and price stability control, by develop, thousands structural dynamic cause and effect response simulators out last 30 years daily Wall Street Journals, Financial Times, China, Taiwan, Hong Kong daily newspapers economics, markets information, market analysts, investors psychology information knowledge base.
Surprisingly, global financial market analysts kept making the same mistakes 30 years ago by speculating business, economic news and technical charting, together with probabilistic VaR, Monte Carlo simulation, lead to
chasing the markets, following the crowd resulted trillion dollar loss in financial crisis , asset bubble bursts every couple of years.
The author  dump the Monte Carlo, time series, technical charting approach 20 years ago, applying moon landing tracking structural, dynamic Operations Simulation Analysis, building  thousands causes and effect simulators, accurately tracking the global market economy market forces demand, prices mechanism.
These simulators.
He  pioneered two OSA master hands  controlling  global central banks macro-economic control , prices stability and capital market interest rate, currency, commodity, energy, metals, futures , derivatives prices, 20 industrial sectors, 5000 products demand, prices market forces  simulation, forecasts , value investing strategy, mutual  fund  optimal asset allocation equities, bond, currency investment, portfolio management, wealth management,  risk hedging.
Dr. Warren Huang predicted to Asian Business Forum's multinational oil, banking CEO, executives in Beijin Nov. 2005 that oil prices will soar to 69, metal prices to new high in January, US will raise rates throughout  summer 2006.  Oil prices did challenges 69 twice  in January and metals prices making new high follows by commodities prices. Gas and electricity cost up 40 % will be soared to 82 in summer, gasoline futures to 265,  metals , commodity continue making new high , drive  CPI to 4.3 % in March and  higher in the month ahead. US  Fed fund rate 10 yr. bond yield will go to 5.5 %, stocks, bond facing correction ahead.
2 millions US, South American, Asian, European government, central banks, banking, finance, state, medium enterprises, multinationals CEO, CFO, investment bankers, money managers, supply chain logistics executives joined global strategic OSA public and In-House executives workshops since 1984. benefits by OSA early warning and capitalize on  tracking/forecasts month ahead  the root causes, onset, spread, recovery of 1987 global stock crash, 1990 energy crisis, 1992 European currency crisis, 1994- 96 China run away inflation, soft landing, Asian Financial crisis, Russian currency and LTCM crisis, 2000 high bubble burst, global, and current recovery, China overheating and global asset bubbles.
I  lectured to 24 global central bank governors, wealth management, financial market risk management conferences and millions global central banks, banking, finance, corporate CEO, executives on this website  since 1998 ,  over 30 million China, Taiwan, Asian, US , ASEAN, European executives, investors on TV, radio programs and thousands workshops since 1985 and 8 paper series on  www.sina.com USA  and on www.osawh.com website in Dec,. 1999  early warning 2000 IT and  China IPO, ADR shares bubble burst and  2001- 2003  global IT stocks and mutual fund bubble burst and US global banking, old economy blue chips , Buffet Berkshire, big cap value stocks mutual fund plunged 50- 70 % , China high tech, reform stocks overheat bubble burst drag Shanghai A from 2200 to 1500  July 2001 to Beijin China Peoples Bank financial executives and on this website and predicted US and global stocks rebound March 2003 Dow Jones rebound from 7300 to 10,000, Nasdaq from 1200 to 2200 Japan Nikkei rebound from 7500 to 12000, , emerging market Taiwan, Russia index almost double and index mutual fund 80 % rebound on Kuala Lumpur Asset Securitization conference to 50 central bank, banking, finance, executives Sep , 2002 again in 2003 to Euro-events Singapore http://www.euro-events.com/conf/afcm2003/  with excellent feedback photos 1, 2, 3 lecture ppt  , Shanghai, Beijin Nov.  2003, Asian/China Finance, Capital Markets conferences,  www.euro-events.com/conf/cfcm2003   picture  2  , 2000 QFII, QDII mutual fund managers   , identify month ahead, investment opportunities in China ADR Hong Kong H shares, China blue chip petrochemicals, SNP, telecom- munication Unicom, metals  A shares and value investing China mutual shares up 80 %and  and to China economists meeting Fudan University, Shanghai , Dec. 2003  early warning for asset bubbles in energy, metals commodities prices doubled, reaching 19 year peak, ( invested in future, derivatives gained 5000 %, mutual fund up 80 %) will drive China inflation to 4 %, China Peoples banks further credit tightening, US entering second leg economic recovery due to excessive rate, tax cut , following last year third quarter first leg boom bubble,   corporate earning soared 76 % with overheated consumer over 100), investor confidence ( exceeds 1987) and ISM purchaser manager index over 66. while current quarter bubble with business confidence reaching 10 year high, consumer confidence will challenge 100 again, 300,000 new job created, soared consumer demand, housing start, durable orders will continue into third quarter and peaking out , bubble burst  thereafter following rate hike, second quarter bubble CPI to 3.2 %, core inflation to 2.7 % force Greenspan raise interest rate in the   summer , overoptimistic over US economic recovery and job creation, inflation outlook  serious housing bubble will lead to rate hike, despite high unemployment in the election year and global IT and blue chips banking shares and its mutual fund  facing and correction 2005, Dow will be traded 9750- 11000, Nasdaq  1850- 2050 , Taiwan index 5200- 6100, Henseng 11500- 14000, Nikkei 11000- 12000, China credit tightening continue. Shanghai A 1500-1650-, Shenzhen 3500- 4100, Euro :  1.29-1.35 , Yen 100- 105, US, Asian and European stocks gave up all this year gain
 
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 20  % profit. However, China is still suffered y overheating, facing interest rate hike, profit squeeze, stock prices subject to 30- 50 % correction.  book your workshops email  osawhh@citiz.net  for recent update

======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. these shares rebound 20 % after his recommendation. book your workshops email  osawhh@citiz.net  for recent update
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  Structural, Dynamics simulation of monetary, economic, fiscal policy impact on last 20 years China and 40 countries  macro economic, business cycles, capital market asset prices, bubbles , financial crisis, boom and busts achieving growth and prices stability control predicted 1- 3 month ahead,  Global financial crisis since 1980 and 2000 high tech bubble burst and 2001-2003 global market crash and recovery and China macro economic control, daily interest rate, interest rate, currency, commodity, energy, metals, futures , derivatives prices, 20 industrial sectors, 5000 products demand, prices market forces  simulation, forecasts for RMB, China A, B stocks, Hong Kong H share, red chips, US ADR shares since 1990
This author stay half time in China offered thousands lectures accurately predicted China Peoples Banks monetary policy impact on 1994-96 macro-economic control-soft landing on  tracking China daily stock markets listed companies performance to China 15 cities 30 million investors, national newspapers and hundreds banking, securities companies CEO, CFO, money managers during 1994-1998 in China and again predicted China excessive money supply, housing and asset bubbles facing tightening Mar. 2003 Shanghai workshops and Nov 2003  Euro-event China finance, capital markets Shanghai, Beijin conference lectures to 1000 global investment bankers, fund managers and Peking/Fudan University 3000 China economists annual  meeting, Shanghai Dec, 21, 2003

Thousands   causes and effect structural, dynamic proven predictive OSA simulators beat  daily money, capital, insurance, property markets ( published thousands articles, 30 million copies ( over 10 million readers ) for reliable tracking, forecasts 3 month ahead of last 20 years  central banks monetary, economic, fiscal policy impact on global/China economy, daily capital market asset prices, bubble early warning, tailor to QFII/QDII  investment needs.
A. China RMB OSA forecasts :
These simulators accurately  predicted  last 20 years daily US interest rate, commodities, gold, oil prices daily capital market prices 4 month ahead and again at  Shanghai University of Finance, Economics, Oct. 25,  Euro-event  Singapore, Nov. 5,  2003 Asian Finance, capital market conference on  Monetary policy impact on Asian and China  economic outlook, asset prices, applying his two master hands ( interest rate and trade) currency market forces price mechanism, wrote 600 articles on trade journal, helping Taiwan central bank and 200,000 importer/exporters daily/weekly NT/  100 currencies ( US and cross rates) from NT fixed at 40 to float to 25- 40, covering Yen from 250 to 80 during 1985- 1995 and Asian financial crisis. He  warned  that any free float of RMB will  lead to China currency crisis and US runaway inflation import consumer goods will up 50 % to double) and  repeat past global financial crisis, bubble burst. Only Dr. Huang's two master hands ( interest rate and trade, economic policy ) market forces price mechanism guide through RMB gradual appreciation  widening trading band is the best approach, regardless peg to the dollar or a basket of currency.  Greenspan agree with the author recently too that China RMB immediate float will resulting global crisis Dr. Huang also recommended the best approach for RMB is through cutting China-US trade surplus ( as China already spending 15 billion buying US auto, airplane, cotton, semiconductors, wheat , will start to show on China trade, cutting US trade deficit in the month ahead, and as China cut 3 % export rebate) and China  first quarter export growth back to 33 %, import growth 43 %, with 8.5 billion trade deficit take pressure off RMB,

B. China inflation, GDP interest rates, government, corporate bond prices 2004 forecasts

OSA China 2006 macroeconomic forecast:
Soaring oil prices, housing and stock prices  (wealth effect, domestic demand, booming export  in the first quarter 2006 pushed China money supply over 18 %  GDP growth 10.2 %, inflation up 3.9 % in March 2006, daily interbank at 1.60 is too low, must be back to 3 % in tightening the  credit to cool off the demand
 As China raised rate by 0.27 to 5.85 % Apr. 28, supported by auto, housing, metal, coke industry economic control two master hands, inter-bank rate rebound to 2.2 %
This author  predicted to 600 investors early  March 2003 that despite, SARS, China auto, properties markets overheated bubble burst stocks , blue chip stocks Unicom, SINOPEC  petrochemical share together with auto, steel, metal share will   rebound 30- 50 % ,  led Shanghai A rebound from 1450 to 1650, and give up its gain  in third quarter 2003  due to China Peoples bank credit tightening to cut consumer loan demand, money supply from 24 to 18 %, Shanghai A will test 1300-, Shenzhen A retest 2850-3050, with technical rebound by big cap blue china low prices shares Unicom, Sinopec (SNP), Shanghai auto, Pudong develop bank, Vanke shares.
Monetary Policy on  inflation, GNP and economic indicators  for sustainable  growth and asset price stability)

OSA simulation  macro-economics/Capital Market
Inflation rate = F (Money supply growth rate %, Oil prices, Commodity index, Dollar exchange rate)
GNP = F (Money supply growth rate %, Interest Rate, Export Growth Rate)
Property prices = F (Money supply growth rate %, Interest Rate, stock index)
NAPM = F( Consumer spending growth rate %, Interest Rate, stock index)
Business, consumer spending = F( Overnite interest rate, money supply growth,  exchange rate)
Stock indices = F(  money supply growth, Dow  index),  inflation,  interest rate, exchange rate )
 Wealth Effect = F( money supply, consumer, business spending, interest rate, currency, stock index, housing prices)

China macro-economic control, financial market prices OSA , Early Warning 2003-2006
Monetary Policy :
OSA China 2006 macroeconomic forecast:
Soaring oil prices, housing and stock prices  (wealth effect, domestic demand, booming export  in the first quarter 2006 pushed China money supply over 18 %  GDP growth 10.2 %, inflation up 3.9 % in March 2006, daily interbank at 1.60 is too low, must be back to 3 % in tightening the  credit to cool off the demand
 As China raised rate by 0.27 to 5.85 % Apr. 28, supported by auto, housing, metal, coke industry economic control two master hands, inter-bank rate rebound to 2.2 %
Open Market Operations  Simulation excessive money supply from 15 to 23 %  leading to  properties prices up 60 %-100 % since 1999, and auto demand up 67 %, steel and cotton prices doubled, asset  bubble and raise the reserve ratio from 6 to 7 %, intended to cut M2 supply growth from 23 % to 17 % target. ( it was down to 19.4  % in March . 2004.  daily interbank rate up   from 2 % to 3.9 % in early Nov  2003 and and easing off in Dec. to 2.2 %. raised business loan  upper  rate floating limit .China Peoples Bank 4 th quarter  2003 GDP soared to 10.7 % Jan - March This author accurately warned Dec. 21, 2003 in on China economist meeting at Fudan University and March 2004 on www.osawh.com that China  money supply was excessive as inter bank rate still at 2.2 %,  it will up to 3 %  in the month ahead, Feb  money supply growth still at 19.4  % was excessive led to monetary policy meeting discuss taking effective measure to restructure loan structure, avoid excessive loan into excessive investment to low quality overlapped industries ,  steel investment up 174 %, cement up 134 %, total fixed investment up 43 %,  soaring oil, commodity, metal prices reaching 19 high due to US rate and tax cut, dollar depreciation and China excessive demand led to first quarter inflation up 3.5 % GDP up 9.4 % forced China Peoples Bank to raise bank reserve ratio 0.5 % again Apr. 25,, interbank rate rebound to 2.8 % as predicted While encourage banking industry to increase their loan to medium, small enterprises and boost rural area consumer demand, creating jobs
Monetary policy: second phase credit tightening: Dr. Huang lectured on Monetary policy impact on global capital markets asset prices, bubble early warning, risk management  to Euro-events  Asian finance, capital markets conference Nov. 5, 2003, China, finance, capital market conference, Nov. 25, 2003, Shanghai, Nov. 27, Beijin, 2003 accurately predicted soaring oil, commodity, metal prices will reaching 19 year new high, in the summer 2004 will push US  inflation rate deflate above 3.0 %, CPI above 2.7 %  will raise interest rate after May, 2004, China will continue credit tightening, as confirmed by China People's bank raised reserve ratio Apr. to cut the money supply growth  target from 2003's 18 % ( actual Feb 2004  at  19.4 % ) to 17 % this year and Greenspan indicated the need for rate hike  
China ADR shares industrial outlook OSA, asset bubble earning warning,

China  and global ADR /IPO shares prices = ( China money supply , investor sentiment, Shanghai index,
China stock corporate earning outlook, US consumer, investor sentiment, Dow Jones index)
This author accurately predicted Dow Jones and Nasdaq index facing correction due to inflation, rate hike fear, China slowdown, price cutting and earning peaking out in the second half.
Both China and US investor sentiment will improve after current brief correction and ready for 20 % rebound flooded by favorable  third quarter economic and earning news. and give up its gain in the final quarter.
==========================Special Announcement==============================
 Due to Dr. Huang's busy US, Asian workshops demand for US/China credit tightening, soaring oil prices impact on 2004 second half US/Asian market investment strategy, Dr. Huang stop updating all his website starting today May 10, 2004).  join  Dr. Huang's full day workshop provide the latest forecasts, investment opportunities, risks early warning for  2004 global economy, capital markets prices, Global Currencies, ADR shares , mutual fund asset management investment opportunities, earning warning for Global central banks monetary policy makers, financial, capital markets, CEO, executives, investors book your strategic  workshops    email   osawhh@citiz.net , wh3928@yahoo.com for reservation
All this website recommendation are for investors reference, Dr. has copy right on it contents, should not be used for any commercial use without  approval

Daily China  government, corporate bond yield, commodity, metal, grain futures, mutual fund performance/forecasts
China IPO shares  soared 150 % with average P/E ration over 56- 75 follow Shanghai index as investors sentiment reaching new high repeating 2001 bubble burst risks
Daily Shanghai and Shenzhen A, B shares investment strategy, early warning
Hong Kong Blue Chip and China red chips, H- Share prices OSA,  asset bubble earning warning,
 
details can be found on www.osawh.com
China A/B / ADR / H/IPO shares  www.osawh.com/chinastoc.html
US IT/ biotech merger, IPO shares www.osawh.com/ipo.html
China bond, commodity future, mutual fund  www.osawh.com/chinast01.html
Taiwan stock index, most actives, mutual fund www.osawh.com/taistoc1.html
Hong Kong Henseng index, blue, red chip, H share www.osawh.com/hkstoc2.html

US and global markets   global capital markets investment strategic simulation tailored to your need . please email    wh3928@yahoo.com for reservation
Reserve our Monetary policy impact on China  housing and banking stock performance, risk management workshops  email osawhh@citiz.net,  wh3928@yahoo.com 

Central banking monetary policy impact simulation workshops   
Goal:
monetary policy for sustainable growth and financial market asset prices stability ( not just consumer prices inflation)

Mission:

Applying our 30 year experiences in predictive  ( 1- 3 month ahead) strategic monetary policy impact Operations Simulation Analysis (OSA) for 40 countries tracking, forecasts accurately the root causes, onset, spread, recovery , early warning of last 25 years global  financial, currency, energy, recession, asset bubble burst crisis feed-forward control to prevention overshooting, delay action , uneven economic development resulted asset bubbles overheating and trillion dollar market loss and NPL loan.
implement, recommend on your current policy impact on growth and prices stability OSA  

Operations Management and Performance Guidance, Control
Lecturer: Dr. Warren Huang, pioneer of monetary policy impact OSA will direct your goal, mission, performance oriented strategic and execution OSA teams in the workshops to develop, implement your own policy impact OSA, tracking results have been presented to 24 US, China, Taiwan, ECB, Asian central banks governors conferences 1998-2003 and www.osawh.com website visited by million global
central banks, banking, finance, corporate executives

Scopes: Monetary, Economic, Fiscal  Policy Impact Simulation on:
Why we have uneven economic development in regional, industries, How to use industrial finance simulation to avoid it
Macro economics :GDP, inflation, consumer, business spending, unemployment
Financial Economics/ financial market prices: interest rates, currency, stock indices
Industrial asset demand /prices:  Housing, oil/ commodity prices, 20 industrial sector products prices.
Trade Economics: export/import/trade surplus/deficit, currency, competitive pricing market shares.
Optimal monetary policy control  for sustainable growth and prices stability
Who should attend: central banks chairman, regional governors, macro/financial/industrial/trade economic research, executives and banking, securities, insurance regulation executives, banking,
securities companies CEO, CFO, investment bankers, money managers, economic policy planner, SOE, medium enterprises CEO, CFO, board members, auditing committee. 
Reservation Form: wh3928@yahoo.com/ osawhh@citiz.net one month ahead of your date
Location: Your office

Second half 2004  China/US economic, financial market outlook, emerging trend:
Global/Asia QFII/QDII Optimal Asset Allocation, Portfolio Selection Strategic Value Investing  OSA 2-day Workshops

Global/ China economy, capital market asset prices simulation, bubbles early warning, risk management 

By  Dr. Warren Huang, Global leader and pioneer in Global capital markets asset prices simulation, asset allocation, portfolio management OSA      wh3928@yahoo.com    USA

Goal and Mission

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

What is the future of  US, Asian, China, Eastern, Western European, Russia economic recovery, risks, return in post WTO China capital markets, What  is the impact of global asset price bubbles and China credit tightening on Asian /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  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

When you have Dr. Huang's two OSA master hands you are in good hands  for global central banks macro-economic control , prices stability and capital market prices simulation, forecasts , value investing strategy, mutual  fund  optimal asset allocation euqities, bond, currency investment, portfolio management, wealth management,  risk hedging  tracking/forecasts month ahead  the root causes, onset, spread, recovery of Asian/Global financial crisis, asset bubble bursts   over 30 million China, Taiwan, Asian, US , ASEAN, European executives, investors on TV, radio programs and thousands workshops since 1985. He  lecture to 24 global central bank governors, wealth management, financial market risk management conferences and millions global central banks, banking, finance, corporate CEO, executives on this website  since 1998 ,predicted 2000- 2003  global IT stocks 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 rebound March 2003 Dow Jones rebound from 7300 to 10,000, Nasdaq from 1200 to 2200 Japan Nikkei rebound from 7500 to 12000, , emerging market Taiwan, Russia index almost double and index mutual fund up 80 % rebound on Kuala Lumpur Asset Securitization conference to 50 central bank, banking, finance, executives Sep , 2002 again in 2003 to Euro-events Singapore http://www.euro-events.com/conf/afcm2003/  with excellent feedback photos 1, 2, 3 lecture ppt  , Shanghai, Beijin Nov. Asian/China Finance, Capital Markets conferences,  www.euro-events.com/conf/cfcm2003   picture  2  , 2000 QFII, QDII mutual fund managers   , identify month ahead, investment opportunities in China ADR Hong Kong H shares, China blue chip petrochemicals, SNP, telecommunication Unicom A shares and value investing China mutual fund shares up 80 %and  and to China economists meeting Fudan University, Shanghai , Dec. 2003  early warning for asset bubbles in energy, metals commodities prices doubled, reaching 19 year peak, ( invested in future, derivatives gained 5000 %, mutual fund up 80 %) will drive China inflation to 4 %, China Peoples banks further credit tightening, US CPI to 2.6 %, core inflation to 1.7 % force Greenspan raise interest rate  in May and  summer , overoptimistic over US economic recovery and job creation, inflation outlook  serious housing bubble will lead to rate hike, despite high unemployment in the election year and global IT and blue chips banking shares and its mutual fund  facing and correction 2004, Dow will be traded 9750- 10500, Nasdaq  1800- 2090 , Taiwan index  5600-6500, Henseng 10500- 14000, Nikkei 11000- 12500, China credit tightening continue. Shanghai A 1500-1650-, Shenzhen 3500- 4100, Euro : 1.18- 1.25 , Yen 105- 112, US, Asian and European stocks gave up all this year gain.
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workshop highlights

A  Monetary, Economic Policy , WTO impact on Greater China /Global Economic Recovery : GDP,  Retails, Trade, unemployment, FDI:   China   Hong Kong   Taiwan  Singapore  US,  Western / Eastern Europe,  Russia  Japan,  Korea   
B. China/Global Monetary, Economic, Fiscal Policy, WTO Impact  on China Capital Markets, Fund return and risks:
 China   Hong Kong   Taiwan  Singapore    US,  EMU EURO / Eastern Europe,  Russia  Japan,  Korea   
. 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
·Strategic Corporate Governance, supervision, financial systems monitoring , stock prices bubbles, early warning
·Banking, finance reform, IPO,  Securities, Banking, Insurance market regulation, supervision early warning
. Causes, onset,  recovery, early warning of China financial, currency, asset bubble crisis and NPL loan assets
  currency, credit, market risk simulation, hedging, plant equipment performance and syndicated loan, securitization
· Strategic 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,  derivatives  prices mechanism,  Forecasts, Hedging strategy
. RMB pricing mechanism , global currency market  futures, derivatives prices , forecasts, risk hedging
. 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 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  and US 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  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 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
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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 )
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, WTO policy impact on last 20 years and current   global economy daily capital markets asset prices, 300,000 Taiwan importer/exporters 100 countries currency export quote strategy OSA, accurately predicted China 1989, 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) 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, 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 asset bubble burst crisis, avoided trillion dollar market loss and NPL loan.

Choose your own subjects  for  each half day session