Final Program
Venue:
Remark:JW Marriott Hotel Hong Kong
(JW Marriott Ballroom, Level 3, Pacific Place, 88 Queensway, Hong Kong)
Open to the media except the Concurrent Roundtables

Plenary Sessions
08:00-08:30

Delegate Check-In

08:30-08:40

Welcome Remarks
 Mark Austen, CEO, ASIFMA

08:40-08:55

Keynote –Hong Kong’s Role in China’s Capital Markets Development Including the Belt and Road Initiative K C Chan, Secretary for Financial Services and the Treasury, The Hong Kong Special
Administrative Region Government

08:55-09:40

Panel Discussion 1 – China Macro Economy 2017
The benefits of liberalisation / Opening up of China
China corporate deleveraging
Aligning Chinese regulatory standards with the G20 commitments
 Chi Lo, Senior Economist, Greater China, BNP Paribas Asset Management
 Hong Liang, Member of Management Committee, Head of Research and Chief China
Economist, China International Capital Corporation (CICC)
 MK Tang, Senior China Economist, Goldman Sachs
 Philippe Dirckx, MD, Head of Markets & Initiatives, SWIFT Pete Sweeney, Asia Editor, Reuters Breakingviews (Moderator)

09:40-10:25

Panel Discussion 2 – How are the World’s Financial Centres Engaging China?
The impact of Brexit on the City of London’s relevanceThe new EU’s landscape and its relationship with China
Asian financial hubs and their relationship with China
US (optional) Sherry Madera, Special Advisor to Asia, City of London
 Nicolas Mackel, CEO, Luxembourg for Finance Vincent Lee, Executive Director (External), Hong Kong Monetary Authority (HKMA) Vivien Teu, Managing Partner, Vivien Teu & Co LLP; Solicitors, in Association with Llinks LawOffices
 Sanjeev Chatrath, MD, Region Head, Asia, Financial & Risk, Thomson Reuters
 Michael Hirson, Director, Asia, Eurasia Group (Moderator)

10:25-10:45

Coffee BreakPlenary Sessions
10:45-11:30

Panel Discussion 3 – Accessing Chinese Markets
Overview of existing access channels
Streamlining access channels
Foreign investor participation including ownership caps and restrictions on licenses
Home country approval Naveen Khanna, COO, Rates & Currencies Trading, Bank of America Merrill Lynch (BAML) Enoch Fung, Head, Market Development (External), Hong Kong Monetary Authority (HKMA) Sandra Lu, Partner, Llinks Law Offices
 Dan Kiang, Director, Relationship Investing (Hong Kong), Ontario Teachers’ Pension Plan (OTPP) Aries Tung, MD, Head of Strategy and Business Development, China, UBS Asset Management
 Barnaby Nelson, MD, Head, Investors & Intermediaries, Transaction Banking, North East Asia
and Greater China, Standard Chartered (Moderator)

11:30-12:15

Panel Discussion 4 – Going Offshore and Outbound Investments
Investment grade bond offerings
High yield bond issuances
LGFVs
Restrictions on Chinese investors’ outbound investments
 Jimmy Choi, Global Co-Head of Capital Markets, ANZ
 Anna-Marie Slot, Partner, Global Head of High Yield, Ashurst
 Ping Feng, Head of Asset Management Department, China International Capital Corporation(CICC)
 Randolf Tantzscher, Director, Fixed Income Indices, IHS Markit Gary Lau, MD, Corporate Finance, Moody’s Investor Service Joanne Hon, Head of Asia Pacific, Dealogic (Moderator)

12:15-13:15

Lunch

2

Afternoon Break-out Session – Stream A
13:15-13:55

Panel Discussion A5 – China FX & Local Rates: Trends and Opportunities, Including Hedging
Developing deeper, more liquid hedging instruments
Improve electronic execution
Onshore vs offshore hedging
 Patrick Law, MD, Global Markets, Bank of America Merrill Lynch (BAML) Mitul Kotecha, Head of Asia FX and Rates Strategy, Barclays
 Jiong You, MD Head of FX & Local Markets Trading, Greater China, Hong Kong Markets, Citi
 Jon Vollemaere, CEO, R5FX Ltd
 John Ball, MD - Global FX Division, Asia Pacific, GFMA (Moderator)

13:55-14:35

Panel Discussion A6 – China Securitisation in a Global Context
Development of the auto-loans securitisation market
The beginning of a mortgage-backed market
Has China learnt from the lessons of sub-prime mortgages and CDOs to avoid a domestic
credit crunch Xuebin Wang, Executive Secretary-General, China Securitization Forum (CSF) Alex Kung, Rating Director, Dagong Global Credit Rating (Hong Kong) Co., Ltd Kyson Ho, MD, Head of Structured Capital Markets, Asia-Pacific, HSBC Elaine Ng, VP – Senior Analyst, Structured Finance Group, Moody’s Investors Service
 Aaron Lei, Senior Director, Structured Finance Ratings, S&P Global Ratings
 Vijay Chander, ED – Fixed Income, ASIFMA (Moderator)

Afternoon Break-out Session – Stream B
13:15-13:55

Panel Discussion B5 – Corporate Governance, Financial Information Disclosure and Risk
ManagementCorporate governance, disclosure standards and opaqueness in obtaining information in China
Financial models: Theoretical disconnect between developed models and an insulated market
 Jamie Allen, Secretary General, Asian Corporate Governance Association (ACGA) Keith Pogson, Senior Partner, Financial Services, EY
 Wenyan Jiang, MD of FIC Department, Wind Information
 Michelle Price, Asia Regulation Correspondent, Thomson Reuters (Moderator)

13:55-14:35

Panel Discussion B6 – Equities Market Development Including Stock Connect
Have we gotten past teething issues?
Circuit breakers
Further enhancements
Inclusion in global benchmarks
Settlement framework Eddie Pong, Regional Director, Head of Asia Pacific Research, FTSE Russell
 Tae Yoo, MD, Market Development Division, Hong Kong Exchanges & Clearing (HKEX) Yixuan Wang, Head of the CIMS, Shenzhen Stock Exchange (SZSE) Bean Zhang, Chief Representative, Hong Kong Office, Shanghai Stock Exchange (SSE); MD,
China Investment Information Services (CIIS) Bin Shi, CIO, China Equities, UBS Asset Management
 Jing Sun, Equity Market Specialist, Bloomberg (Moderator)

14:35-14:55

Coffee Break3

Plenary Sessions
14:55-15:35

Panel Discussion 7 – China Interbank Bond Market: Developments and Opportunities, Including
Bond Connect
The current situation
The road ahead
How can foreign investors be encouraged to participate
Trading and settlement related issues
 Brad Gibson, Senior VP and Portfolio Manager, Fixed Income, AB Agnes Tsang, Partner, Allen & Overy CG Lai, Head of Global Markets, Greater China, BNP Paribas
 Zhongchao Li, AD, Interest Rate Derivatives Department, China Financial Futures Exchange(CFFEX) Julien Martin, MD, Head of FIC Product Development, Hong Kong Exchanges & Clearing (HKEX) Kelly McKenney, Director - Head of APAC Distribution, Tradeweb (Moderator)

15:35-16:15

Panel Discussion 8 – FinTech in China and the Emerging Technologies
Is China leading the world?
Are FinTech companies displacing traditional financial institutions
How will digitization change the world of payments and need for financial instruments
Are institutions infrastructure ready to cope
ASIFMA Fintech Best Practices
 Qin Xu, Partner and Managing Director, The Boston Consulting Group James McKeogh, Partner, FinTech, KPMG
 Clement Yiu, Market Technology, Director, Business Development, Greater China, NASDAQ
 Carl Wegner, Director, Business Development, Greater China, R3
 Peter McMillan, Head of Market Development, North Asia, Thomson Reuters
 Jean-Remi Lopez, Director, Asia Pacific, Government Relations, DTCC (Moderator)

4

Concurrent Roundtables (Closed to the media)
16:15-16:55

Concurrent Roundtables**This is a session of 4 simultaneous roundtables, each representing a designated topic withmoderators leading the discussion. Delegates are able to join any table of their choosing.
Roundtable 1 - Green Finance
Disclosure
Green reporting
Green lending, green securitisation, green equity, green bonds,…
 Jini Lee, Partner, Ashurst Herry Cho, Director, Capital Structuring & Advisory, Sustainable Finance Lead, Asia, ING
Roundtable 2 - Panda Bonds
Accounting issues
Credit ratings
 Richard Mazzochi, Partner, King & Wood Mallesons
 Liang Si, Head of Bond Syndicate Asia, BNP Paribas
Roundtable 3 - Tax Issues Affecting China Capital Market Developments
Value Added Tax
WHT in China
 Elvis Chan, Director, Corporate Tax – Asia, Bank of America Merrill Lynch (BAML) Natalie Yeung, Director, Corporate Tax, Hong Kong, UBS
Roundtable 4 – Infrastructure and the Belt And Road Initiative
Chinese government pledge to develop the Belt and Road Initiative
Infrastructure spending in emerging economies
 Leng-Fong Lai, Partner, Clifford Chance Marc Freydefont, Senior Director, Fixed Income – Asia Solutions, Credit Suisse

16:55-17:00

Closing Remarks
 Mark Austen, CEO, ASIFMA56