Last updated: 10/20/2015 10:09 AM
HSBC Global Asset Management
China Research Field Trip: China in Transition
13 – 16 October 2015 Beijing, Shanghai, Hangzhou & Yiwu
Itinerary: (Schedule is subject to change without prior notice. Speakers to be confirmed):
Day 1 – 13 October 2015 (Tuesday) - Beijing
Venue: Park Hyatt Beijing Salon 4, 61/F, 2 Jianguomenwai Street, Chaoyang District, Beijing
Before start of Check out from hotel conference
09:15 – 09:30 Welcome and opening remarks
Speaker: Steve Lee, Chairman and Head of China and Taiwan, HSBC Global Asset Management
09:30 – 10:15 China overview – retracing China’s key developments over the past year - Provide an overview on the key economic, demographic and social issues facing China - Understand some of the key reforms and their implication for global investors
Speaker: Bill Maldonado, Chief Investment Officer, Asia Pacific and Strategy Chief Investment Officer, Equities, HSBC Global Asset Management
10:15 – 10:45 Break
10:45 – 12:00 Connecting China: Meeting with China Academy of Railway Science (中国铁道科学研究院) - Discuss the rapid developments of the high-speed rail (HSR) in China - Discuss the HSR expansion plans domestically and abroad - Explore the effects of the high speed rail network on supporting China’s growth
Speaker: Mr. Huaixiang Wang, Director, China Academy of Railway Science
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12:00 – 13:45 Capital market reform: Lunch meeting with China Securities Regulatory Commission (CSRC) - Understand CSRC’s role and its outlook on the policies and regulatory issues affecting inbound and outbound investments - Discuss the key development in the Stock Connect programmes / QFII / RQFII / MRF and future plans to liberalize China’s onshore capital markets - Discuss the CSRC’s plan to maintain and promote the stability of the stock market
Speaker: Mr. Fei Wang, Director of General Division, Department of Market Supervision, CSRC 14:00 – 15:00 Meeting with State Council Research & Development Centre
- Explore the urbanization trend and the housing situation in China and the actions taken by the government to push forward urbanization and improve housing conditions - Discuss the development of the China property market from a regulatory standpoint - Explore the issues of hukou reform, land reform, and its impact on property market in different tiered cities
Speaker: Prof. Liqun Zhang, Senior Research Fellow, State Council Research & Development Centre, Macro Economic Research Unit 15:00 – 15:30 Break
15:30 – 16:30 China’s environmental crisis - Explore the issues that has arisen from China’s deteriorating environment and how it is affecting the country’s future economic growth - Discuss the actions that the government and policy makers are undertaking to tackle the growing environment problems
Speaker: Calvin Quek, Head of Sustainable Finance Program, Greenpeace East Asia
19:00 Flight from Beijing Capital International Airport to Shanghai Hongqiao International Airport
Suggested flight: 1st choice: MU5124 (China Eastern) 19:00 – 21:10 2nd choice: CA1857 (Air China) 19:30 – 21:55 Shanghai Check-in at hotel
Suggested Hotel: Pudong Shangri-La, Shanghai 33 Fu Cheng Lu, Pudong, Shanghai 200120, China
Day 2 – 14 October 2015 (Wednesday) - Shanghai
Venue: HSBC Jintrust office, Shanghai 17/F HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong, Shanghai 08:25 Meet at Lobby, Grand Tower, Pudong Shangri-La Hotel
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08:45 – 09:00 Introduction and opening remarks
Speaker: Pedro Bastos, Chief Executive Officer, Asia-Pacific, HSBC Global Asset Management
09:00 – 09:30 The future of foreign banks in China - Discuss the challenges facing foreign banks as they push to improve their footprint in China - Explore the trends and regulatory reforms that is shaping the market and how foreign banks should leverage those changes to drive growth
Speaker: Montgomery Ho, Deputy CEO, HSBC Bank (China) 09:30 – 10:45 China in transition – an economic view - Discuss China’s economic outlook and development, policies environment and monetary directives, and sustainability and key challenges to China’s growth - Discuss the structural reforms and their impact on the market, investors and the Chinese people
Speaker: Li Xunlei, Deputy CEO and Chief Economist, Haitong Securities 10:45 – 11:15 Break
11:15 – 12:15 Road to liberalization: China’s path to financial market reform - Discuss the development of the various channels available to access the China onshore equity and fixed income market - How are financial reforms driving China’s next era of growth? - What are the implications of the financial reforms to global investors? - How likely is the RMB going to become the next reserve currency?
Chair: Dong Wang, Chief Executive Officer, HSBC Jintrust
Speaker: Patrick Wong, Head of China Sales and Business Development, Global Banking and Markets, HSBC Securities Services Denise Zhou, Senior Vice President, China Connection, HSBC Bank (China) Renee Chen, Senior Economist and Investment Strategist, HSBC Global Asset Management
12:15 – 13:30 Lunch
Venue: Seventh Son Level 2, River Wing, Pudong Shangri-La, Shanghai 33 Fu Cheng Lu, Pudong, Shanghai 200120, China
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13:45 – 14:45 Towards a stronger RMB fixed income market - Explore the structure of the onshore / offshore Chinese fixed income market and the important steps taken by the Chinese government to open up the onshore market - Discuss the implications to the onshore and offshore markets as the RMB becomes more widely traded - Highlight key consideration areas and opportunities for global investors
Chair: Renee Chen, Senior Economist and Investment Strategist, HSBC Global Asset Management
Speaker: Gregory Suen, Investment Director, Asian Fixed Income, HSBC Global Asset Management Michael Zheng, Head of Fixed Income, Fund Manager, HSBC Jintrust 14:45 – 15:45 Chinese equity: bargains and risks in widening access - Discuss the implications for international investors as China opens up its capital markets via varying access routes
Chair: Renee Chen, Senior Economist and Investment Strategist, HSBC Global Asset Management
Speaker: Mandy Chan, Head of Chinese and HK Equities, HSBC Global Asset Management Quentin Cao, Head of Investment, HSBC Jintrust
15:45 – 16:15 Break 16:15 – 17:15 The credit rating mechanism - Overview of the credit rating industry in China - Understand the credit rating system in China and how it differs from international standard - Understand the credit rating process, especially when assessing onshore companies - What are the key regulations and challenges facing the industry
Chair: Elizabeth Allen, Director and Head of Credit Research, Asia Pacific, HSBC Global Asset Management
Speaker: Kai Hu, Senior Vice President, Corporate Finance Group, Moody’s Investors Service Li Ma, President, China Chengxin International (CCXI) Credit Rating
17:15 – 18:15 Changing the game – China’s e-commerce boom - Explore the development in Chinese e-commerce, who are the key players, what are the key factors driving this growth? Will e-commerce eventually replace brick-and-mortar stores? - How is ecommerce changing the behaviour of Chinese consumers and what's in store for the sector going forward locally and abroad? - How has ecommerce contributed to urbanization and developments in rural areas?
Speaker: Ben Cavender, Principal, China Market Research Group
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18:45 Cocktails and dinner
Venue: The House of Roosevelt No. 27 Zhongshan Dong Yi Road (27 Bund), Shanghai, China 200002
Day 3 – 15 October 2015 (Thursday) – Shanghai
08:40 Meet at Lobby, Grand Tower, Pudong Shangri-La Hotel
09:00 – 09:45 Understand the wealth management landscape in China
Speaker: Yu Qiao Che, Relationship Manager, Bank of Communication
Venue: HSBC Jintrust office, Shanghai 17/F HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong, Shanghai
10:00 – 10:25 Branch visit: Wealth management for China’s affluent (Visit) - Experience first-hand the development and sophistication of the private wealth management industry in China - Explore the services and products that the Chinese are utilizing to preserve and create wealth
Host: Yan Yuan, Deputy Branch Manager, Bank of Communication
Venue: LuJiaZui Branch, Bank of Communication 上海市浦东新区浦东南路766号
11:15 – 12:15 Internet Finance in China – will it disrupt traditional banking? (Visit) - Explore the rise of internet finance in China and how this innovation is reshaping the wealth management landscape and traditional banking - Discuss the sustainability of internet finance and the potential regulatory issues surrounding the industry
Speaker: Juan Ni Huang, Vice President, Eastmoney.com (China’s largest online financial portal listed on the Shenzhen stock exchange)
Venue: Eastmoney.com 上海市徐汇区东湖路7号大公馆
12:15 – 14:00 Lunch
Venue: Lan. South Beauty Level 4, 06 & 07, Shanghai IFC Mall, Pudong, Shanghai
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Venue: HSBC Jintrust office, Shanghai 17/F HSBC Building, Shanghai IFC, 8 Century Avenue, Pudong, Shanghai 14:15 – 15:15 E-payment gateway into China - Explore the trends and development of the online payment platform. - What are the key drivers, future opportunities and risks? - What steps is the government taking to regulate the industry?
Speaker: Guo Yun, Director of Strategy Planning and Research, Ping An Insurance Group / Yiqianbao
15:15 – 15:45 Break 15:45 – 16:45 China A – Probably only A matter of time?
Speaker: Ted Niggli, Managing Director and Head of MSCI Index Business, Asia Pacific, MSCI
17:00 Cocktails and dinner
Venue: Fu 1088 375 Zhenning Lu, near Yuyuan Lu, Jingan district, Shanghai
Day 4 – 16 October 2015 (Friday) – Road trip to Hangzhou / Yiwu
05:45 Meet at Lobby, Grand Tower, Pudong Shangri-La Hotel
07:23 – 09:00 Train from Shanghai Hongqiao Railway Station to Yiwu (around 1hr 37mins)
09:30 – 12:00 Yiwu: Visit to Qing Yan Liu Village (青岩刘村) – one of the first and most prominent Taobao village in China - Understand the growth and implications of the Taobao village phenomenon in China - Visit local businesses that utilize the prominent online platforms in China to distribute their products worldwide - Understand how the ecommerce boom is changing the demographics for China’s future generation
Host: Mao Shengping, CCP Branch Secretary, Qing Yan Liu Village Shi Jun Zheng, CEO, Qing Yan Liu Village Co-operative Ye Qing Song, Head of Brand Management, Qing Yan Liu Village Co-operative
13:01 – 13:32 Train from Yiwu to Hangzhou East Station
14:00 – 15:00 Quick Lunch at Hangzhou (near Alipay office)
15:15 – 16:45 Meeting and visit to Alipay Showroom
Venue: 杭州天目山路黄龙时代广场B座支付宝 11F 汇流钱庄（西）
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17:49 – 18:52 Train from Hangzhou to Shanghai (1hr 3mins)
20:00 Closing remarks and Dinner (Shanghai)
Venue: Hakkasan Shanghai Bund 18, 5/F. 18 Zhongshan Dong Yi Lu, Shanghai 200002
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