On 28 June 2016, Prof. David C. Donald held a guest lecture at the ILF on the "Liquidity Effects from Asian Market Linkages: Structural Improvement or Liberalization?". Prof. Donald is a Professor in the Law Faculty of The Chinese University of Hong Kong (CUHK). He previously taught at the ILF and worked as a commercial lawyer in the US and Europe. Professor Donald is currently a member of Hong Kong’s Standing Committee for Company Law Reform and its Financial Policy Research Committee as well as a member of the Hong Kong Institute of Chartered Secretaries Academic Advisory Panel.
Prof. Dr. Andreas Cahn, Executive Director of the ILF, introduced Prof. Donald to the audience. In his presentation, Prof. Donald gave an in-depth overview of the structure of capital markets and explained the linkage of major Asian markets (Thailand, Malaysia, China). With empirical data from his latest research, he analyzed the legal framework and the latest developments of the capital markets in Hong Kong and Shanghai.