Laurence C. FRANKLIN Adjunct Professor Email: lcfran@ust.hk   MBA, JD, Stanford University; CPA

Teaching Interests: 

• Investments, Venture Capital, Investment Banking, China, Business Law

 Consulting  Experience: 

• Professor Franklin has been a consultant to many multinational companies for their Asian business.  A partial list includes : Amoco, Arco, Bechtel, Conoco, Dow, Firestone, Freeport-McMoran, General Foods, Hewlett-Packard, Hilton, Koppers, Marriott, McDonald’s,   Midlantic, PPG (US); CNOOC (oil), CNCDC (coal)(China); Samsung, Tong Yang Group (Korea); Taiwan Glass (Taiwan); HKR (Hong Kong); the Philippine Government, Philippine Long Distance Telephone, Piltel (Philippines); PT Astra, PT Samudera (Indonesia); Pratt Group (Australia); Zeneca (UK); Alcatel, Le Meridien (France); Nedlloyd (Netherlands); Norsk Hydro (Norway) and IMPSA (Argentina).

Relevant Teaching Experience with Universities:

Professor Franklin has extensive teaching experience in teaching EMBA, MBA and Law programs at many premier universities.

•  EMBA Programs:

HKUST (Hong Kong, Beijing), MIT Sloan (US) and  China-Europe International Business School (CEIBS) (Shanghai, Beijing)

•  MBA Programs:

Stanford University (US), University of Chicago (US), MIT Sloan (US), University of Virginia (US), University of California at Los Angeles (US), University of Southern California (US), Tsinghua University (PRC) and Manchester University (UK)

•  Law Programs:

Stanford University (US), University of Virginia and University of Southern California (US)

Selected Teaching and Professional Awards:

• 27 Dean’s Teaching Excellence citations, HKUST Business School
   

• Kellogg-HKUST Professor of the Year nominee (2002)
   

• MIT Sloan Teaching Excellence Award nominee (2002/03)

Research and Publications:

Establishing a Holding Company in China (a 30-page chapter in Obtaining PRC Approvals, a 300-page book published by Euromoney’s Asia Law and Practice, 2000)

Industry Experience:

Until 2002, Professor Franklin was the General Manager-Investments and Head Legal Counsel for Hutchison Whampoa (China) Ltd., responsible for a US$500 million corporate venture capital fund, investing in China and the U.S.  From 1989-1998, he was the Deputy Managing Director of the flagship investment banking subsidiary in Asia for the American International  Group (AIG),  sourcing and structuring investments throughout the Asia Pacific Region.  From 1985-1989, he was the China Country Head of The First National Bank of Chicago, responsible for the bank’s worldwide China activities, including offices in Beijing, Hong Kong, Chicago and New York.

Professor Franklin has been working in Asia and actively involved in the China market since 1981. To date, he has raised more than $8 billion for investment projects in Asia. He has successfully completed 54 equity and debt transactions in and with the PRC, raising more than US$5 billion in funds for investment in China. He was involved in negotiating the first US Eximbank loan to China, in Beijing (1981); the first Dragon bond issue for any Chinese entity in the Singapore markets, for Fujian Province (1986); the financing for China’s largest coal-fired power plant, in Shanghai (1988); the equity joint venture for Taiwan’s then largest investment in China, in Shandong (1994); the then largest compensation trade transaction in China, for radial tire technology (1998); the successful public listing in Hong Kong of Tong Ren Tang, the well-known Beijing-based Chinese medicine company (2000); and China’s largest foreign-invested agrochemicals project, in Jiangsu (2001).