Centre Overview
The CEIBS-APS Centre for Financial Markets ("CAC") is a premier research centre dedicated to advancing the understanding of Chinese financial markets. Established on 10 February 2026, the centre addresses the critical gap between the growing global importance of China's financial markets, and the relative paucity of research relating their dynamics to developed market frameworks. By combining world-class academic rigor with practical market insights and policy engagement, the CAC aims to advance knowledge of Chinese financial markets and their global implications.

Vision and Mission
Vision: To be China's leading research centre for financial markets.
Mission: The Centre serves as the nexus connecting academia, market practitioners, and policymakers to produce cutting-edge research, facilitate high-level dialogue, and disseminate insights that advance China's financial market sophistication and inform policy decisions.

Centre Governance and Leadership
The Centre is guided by a distinguished leadership team and supported by a robust advisory structure.

Leadership
The Centre is co-chaired by Professor Zhu Tian, a renowned macroeconomist who serves as Vice President and Co-Dean of CEIBS, and Mr. Wong Kok Hoi, Founder, Executive Chairman, and Chief Strategist of APS.

Advisory Councils
The Center’s research agenda is supported by two key advisory bodies: an Academic Advisory Group, composed of distinguished scholars specializing in financial markets and the Chinese economy, and an Industry Advisory Group, comprising senior practitioners with extensive experience in policy, finance, and capital markets.

Advisors
The Centre's benefits from the guidance of a group of prominent advisors. Mr. Heng Swee Keat, former Deputy Prime Minister and Minister for Finance of Singapore, serves as Senior Advisor. The Centre’s Advisors further comprise Dr. Teh Kok Peng, former senior executive at GIC and former Deputy Managing Director of the Monetary Authority of Singapore, currently Chairman of the East Asian Institute at the National University of Singapore; Professor Sheng Songcheng, Counselor of the Shanghai Municipal People’s Government, President of the China Chief Economist Forum Research Institute, former Director General of the Financial Survey and Statistics Department at the People’s Bank of China and former President of its Shenyang Branch; and Mr. Ong Chong Tee, Chairman of the Accounting and Corporate Regulatory Authority (ACRA), member of the GIC Risk Committee, and former Deputy Managing Director (Financial Supervision) at the Monetary Authority of Singapore.

Centre Director
The Centre's operations are led by its Director, Dr. Wang Renxuan, Assistant Professor of Finance at CEIBS, whose research focuses on asset pricing. His career spans both academia and industry, with experience across Europe, the United States, and China.

Outreach and Contact Information
For inquiries regarding the Centre, research partnerships, or participation in CAC events, please contact:
cac@ceibs.edu
CEIBS-APS Centre for Financial Markets
China Europe International Business School (CEIBS)
Shanghai, China

The Centre welcomes inquiries from academics, industry leaders, and policymakers worldwide.