【CFA Japan Joint Seminar with HKUST-NYU Stern】
Charging Ahead: Valuation Insights on the Strategic Difference of BYD vs. Tesla
Date： March 11 (Tues) 2025, 18:30-20:30
Seminar Schedule：
18:30-19:15 Registration and Networking Reception (Buffet dinner sponsored by HKUST)
19:15-20:30 Seminar
Venue：
Room1-3, FINE TOKYO, 5th Floor, South Tower, Otemachi Financial City, 1-9-7 Otemachi, Chiyoda-ku, Tokyo
http://www.fine-tokyo.com/en/access/
(For those who take the subways to come: From Tokyo Metro Otemachi Station, please use the passageway directly connecting to the first basement floor of the building. Then take the South Elevator from the first basement floor or the first floor to the fifth floor.
For those who come from the surface street: Please enter the SouthTower, Otemachi Financial City from FINE TOKYO Entrance that is across the street of Sankei Building.
Then take the South Elevator from the first floor to the fifth floor.)
Language：English
Speaker： Professor Kasper Meisner Nielsen (Professor of Finance at Copenhagen Business School, Adjunct Professor of Finance at HKUST)
Fee：Free for CFA Society Japan Members, Corporate Sponsors, CFA Program Candidates, Research Challenge Participants, and HKUST & NYU related
Specialty Focus Areas : Corporate Finance, Financial Analysis (PL credit eligible)
PL Credit : 1.25
Synopsis
In this talk, we explore the valuation of two leading giants in the electric vehicle (EV) market, BYD and Tesla. We analyze their financial metrics and market perceptions surrounding both companies, highlighting their differing approaches to growth, production, and innovation.
We analyze strategic differences that set BYD apart from Tesla, including BYD's diversified product lineup and strong foothold in battery manufacturing versus Tesla's focus on advanced technology and premium branding. Additionally, we examine their ongoing competition for dominance in the rapidly evolving EV market, considering how each company's strategies will influence their long-term success.
The talk also addresses the looming concerns of a potential trade war, which casts shadows on future growth prospects and international operations for both companies. This geopolitical tension could significantly affect supply chains, market access, and overall competitiveness in the global EV landscape.
In this session, you will learn about
Basic valuation tools and techniques
Practical application of valuation to business cases
Valuation of growth options and technology
What you can (and cannot) learn about business cases from valuation techniques
The interaction between geopolitics and corporate valuation
You will also get an opportunity to meet our faculty and our admission team after the sample class. They will share with you tips on choosing the right finance program and their perspective of the program. Don’t miss the chance to learn more about the strengths and uniqueness of the MSGF program.
Speaker
Professor Kasper Meisner Nielsen is Professor of Finance at Copenhagen Business School and adjunct professor at HKUST. At Copenhagen Business School he is the Academic Director of the Center for Corporate Governance. He received his Bachelor of Science, Master of Science, and Ph.D. degrees in Economics from the University of Copenhagen. Professor Nielsen previously taught at HKUST and Chinese University of Hong Kong, and has been a visiting scholar at Stern School of Business at New York University. From 2015 to 2018 he was the Academic Director of the HKUST-NYU Master of Global Finance program.
Professor Nielsen’s research interests are behavioral finance, corporate governance, entrepreneurial finance, family business, and household finance. His research has featured in international newspapers and magazines including Business Week, Financial Times, Harvard Business Review, International Herald Tribune, The Economist, The Times of India, and Wall Street Journal.
He has studied the consequence of family succession on firm performance, the value of independent directors, the level of executive compensation, why individuals shy away from stocks, the effect of personal exposure to the global financial crisis on risk taking, and households’ decisions to refinance their mortgage. His work has been published in academic journals including American Economic Review, The Quarterly Journal of Economics, Journal of Financial Economics, Review of Financial Studies, Management Science, Review of Finance, Journal of Corporate Finance and Journal of Banking and Finance. His research has been awarded with external financing from competitive research grants on several occasions.
On his area of expertise Professor Nielsen has served as an external advisor, consultant, and lecturer to government agencies and companies in China, Denmark, and Hong Kong.
Registration
If you wish to attend this seminar, please register from the link below:
https://cvent.me/4NBbal
※人数に限りがありますので、お早目にお申込み下さい。
The number of registrations will be limited on a first-come, first-served basis.
CFA Society Japan
[email protected]