Financing opportunities via Hong Kong and the internationalization of the RMB

For the last 3 decades, China has seen its economy grow at an impressive pace while its importance and influence over the world has been following the same trend. China became recently the 1st exporting and 2nd importing country worldwide. This incredible evolution couldn't take place without the necessary changes to support a booming economy.

One of the major changes China is currently going through is undoubtedly the opening of its currency, the RMB (Renminbi). Although not fully convertible yet, China is gradually putting in place the necessary measures to have its RMB become a top 5 reserve currency in the future. This important change in China's policies offers many opportunities to companies around the world in their business with China. Hong Kong as a financial hub remains a very important platform in this development and various solutions exist to leverage on the financial cost differential between HK and Mainland China.

The presentation will cover some practical examples that can be used for international companies doing business with China and looking to optimize their financial cross border flows.

The presentation will be given by Jean Charles Casier, Director International Business Clients, ING Hong Kong Branch. Jean Charles has been working in the banking industry for over 10 years. Before moving to Hong Kong, Jean‐Charles has developed an extensive experience in the Chinese market as he held the position of General Manager Distribution in Bank of Beijing (which ING has a 13.68% stake in) for 5 years.  The International Business Client Desk of ING in Hong Kong aims to support multinational and local corporate clients looking to expand their activities in Greater China. The Desk is part of a global banking platform covering 23 countries across Europe and Asia.

Please register by sending an email to Ms. Xuemei Li before August 30^th, and clearly indicate whether you will attend the seminar inGuangzhou or Shenzhen.