October 24, 2017 | Singapore

The New Renminbi Reality

The 19th Party Congress is set to reveal the two sides of future Chinese economic and currency policy. The upside could see Xi Jinping re-energize the program of domestic market, fiscal and SOE reforms, and re-double the push for the Belt & Road Initiative and global uptake of the RMB. On the downside, policymakers might be forced to adjust to a “new normal” of slower economic growth as they grapple with the relentless rise of aggregate debt.

In this new reality, Bloomberg will gather some of Asia’s market moving money managers to discuss the forces that will drive China’s economy and the yuan, the new investment opportunities that will emerge, and Singapore’s status as an offshore RMB hub.

Singapore
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October 24 - Tuesday

8:00 am

Registration Opens

9:00 am

Welcoming Remarks

9:05 am

The New Renminbi Reality

Speaker

9:15 am

Economic and Currency Policy After the Party Congress

With Xi Jinping widely expected to emerge from the 19th Party Congress with a tighter grasp over power, we'll discuss the implications for the Chinese economy and the Yuan. Could authorities double down on deleveraging, tighten restrictions on property, or accelerate the opening of domestic capital markets?

Speakers

9:45 am

Great For Each-other – Donald Trump & the Chinese Economy

Trump won the White House with promises to get tough on China, but aside from some aggressive tweets, he hasn't delivered. However, with mounting challenges to his domestic agenda, the temptation for Trump to lash out at China is sure to grow. We'll discuss the outlook for ties between the world's biggest economies and the implications for markets.

Speakers

10:15 am

A Global Renminbi: Stalled or Just Getting Started?

A year in the IMF's SDR basket hasn’t achieved much for the Renminbi's global ambitions. Will more stable economic conditions in China allow the PBOC to revive internationalization, or will concerns about capital controls and deleveraging force authorities to keep liberalization plans on ice?

Speakers

10:45 am

Networking Break

11:15 am

Newsmaker Spotlight: The Global Future of Ant Financial

Speaker

11:35 am

Yuan Going Home? The Future of Offshore RMB Hubs

The opening of trading links for stocks and bonds, and the inclusion of Chinese securities in global indices has spurred interest in investing directly in onshore markets. Policy changes are also allowing more foreign entities to raise Renminbi funds directly in China. Should Singapore, London and Hong Kong be worried? We identify the role of offshore Yuan centers as domestic Chinese markets open up to global investors.

Speakers

  • Chang Ming

    Head of Macro Trading, Langrun Asset Management Co.

  • Kok Ching Lam

    Vice President, Head of Rates & FX, SGX

  • Jeff Ward

    Global Head of NDFs and Forwards & Head of FX Asia, NEX Group

12:05 pm

FX Risk in the Era of Black Swans

Compared with a year featuring Brexit and Donald Trump's election, 2017 has been relatively sedate – so far. Have markets become too complacent to the risk of black swans lurking? We'll discuss where the next unknown may emerge, how best to prepare, and debate the future of FX policy and rates.

Speakers

  • Chow Yang Ang

    Lead Specialist, Asian Currencies & Portfolio Manager, Schroders

  • Patrick Wu

    Head of Trading, Greater China, ANZ

12:35 pm

Closing Remarks

12:45 pm

Networking Lunch

2:00 pm

Close of Summit

Speakers

Chow Yang Ang

Lead Specialist, Asian Currencies & Portfolio Manager Schroders

Chang Ming

Head of Macro Trading Langrun Asset Management Co.

Dr. Jeffrey Chi

Vice Chairman Vickers Venture Partners

Julian Evans-Pritchard

China Economist Capital Economics

Eric Jing

CEO Ant Financial Services Group

Kok Ching Lam

Vice President, Head of Rates & FX SGX

Adam Levinson

Founder, Managing Partner & CIO Graticule Asset Management Asia

Kishore Mahbubani

Dean, Lee Kuan Yew School of Public Policy National University of Singapore

Kheng Siang Ng

Asia Pacific Head of Fixed Income State Street

Neeraj Seth

Managing Director & Head of Asian Credit BlackRock

Anshul Sidher

Head of Trading & Product ANZ

Dr. Luke Spajic

EVP & Head of Asia EM Portfolio Management PIMCO

Richard Tang

CEO ICBC Credit Suisse Asset Management (International)

Jeff Ward

Global Head of NDFs and Forwards & Head of FX Asia NEX Group

Patrick Wu

Head of Trading, Greater China ANZ

Raymond Yeung

Chief Economist, Greater China ANZ

Proudly presented by

ANZ is an international bank with more than 180-years banking heritage. It operates in 34 markets worldwide, including 15 markets in Asia, with offices in Australia, New Zealand, throughout Asia and the Pacific, and in the Middle East, Europe and America.

From its earliest days of financing commerce and facilitating trade, ANZ’s focus has always been on unlocking opportunity for individuals, families, businesses and communities. Headquartered in Melbourne, it is one of the 25 largest banks in the world by market capitalization, with strong customer franchises in Retail and Commercial banking in Australia and New Zealand and a leading position in Institutional Banking.

Since opening its first representative office in China in 1986, ANZ has grown into a locally incorporated bank with seven branches and four sub-branches, including in the China (Shanghai) Pilot Free Trade Zone. During the past three decades, it has continued to expand, and ANZ today remains one of Australia’s largest investors in China.

For more information, please visit ANZ’s website and follow it on LinkedIn.

Summit Partner

Citigate Dewe Rogerson is the leading international financial communications consultancy in Asia Pacific.

With offices in Hong Kong, Beijing, Shanghai and Singapore, we are trusted advisors to major and emerging companies and to government and trade bodies – whenever clear and persuasive communication will make a difference.

We offer intelligent, tailored solutions delivered by a team of high-calibre people. Our sophisticated advisors bring their experience from journalism, event management, investment banking, financial analysis and other professional disciplines.

Our practice areas are:

  • Transaction communications – helping our clients to tell their story clearly and effectively during initial public offerings and mergers and acquisitions
  • Investor relations – advising listed companies on communication with analysts, shareholders and potential shareholders
  • Corporate communications – offering strategic counsel to financial and professional services companies and firms from other sectors to enhance their corporate reputation and handle crisis situations

Attendance is by invitation only.

 

Participation is by invitation only. To request an invitation or inquire for more details, please email bliveasia@bloomberg.net.