Mr. Michael (Changyao) Chen is the CEO of EM Capital Management Hong Kong based in Shenzhen and Hong Kong. He has over 25 years domestic capital markets and advisory experience and as a serial entrepreneur. Michael began his financial services career right as the Chinese securities market began its rapid growth in the 1980's. Early in his career, as president of a national full service securities firm, he grew the firm to over 5,000 employees with major brokerage and investment banking divisions. Michael later was appointed president of a newly organized investment management firm owned by a Chinese trust and non-bank finance company, managing pre-licensing startup, product development and distribution.