Hearing: China and the Capital Markets

August 11, 2005

124 Dirksen Senate Office Building
1 st Street and Constitution Avenue, NE
Washington, DC

Co-chairs: Vice Chairman Roger W. Robinson, Jr. and Commissioner Michael R. Wessel

OPENING STATEMENTS

• Opening statement of Chairman Richard D'Amato [Remarks]
• Opening statement of Vice Chairman Roger W. Robinson, Jr. [Remarks]
• Opening Statement by Hearing Co-Chair Michael R. Wessel [Remarks]

10:00 – 11:30 Panel I: Analyzing Chinese IPOs: The Listing Process

• Michael Geczi , Managing Director, The Torrenzano Group [Testimony]
• Robert G. DeLaMater, Partner, Sullivan & Cromwell LLP [Testimony]

11:30 – 1:00 Panel II: Upcoming Chinese Bank Listings and the Banking Sector

• Pieter Bottelier, Professor, Johns Hopkins University (SAIS) [Testimony]
• Marshall W. Meyer, Richard A. Sapp Professor of Management and Sociology, Wharton School of Business, University of Pennsylvania [Testimony]

2:00 – 3:30 Panel III: China’s Strategy in International Capital Markets and Implications for the U.S.

• Solomon Tadesse, Assistant Professor, University of South Carolina [Testimony]
• Don Straszheim, President and CEO, Straszheim Global Investors, [former chief economist for Merrill Lynch] [Testimony]
• Frank Gaffney, President, The Center for Security Policy [Testimony]
• Howard Chao, Partner in Charge, O'Melveny & Myer [Testimony]