Back

What's On

The spread of the Covid-19 pandemic, has both highlighted and exacerbated many of the risks which businesses face on a day-to-day basis while exposing the urgency to optimize profit margins. This global health crisis, accompanied by trade tensions and geopolitical uncertainty, has created an increasingly complex environment in which companies now need to operate. The challenge of coping with this 'new normal' is often greater for small and medium sized businesses (SMEs) which may often lack the extensive resources or knowledge-base that their larger counterparts have.

Join our webinar on 10 December, when Alain Groshens, CEO and Co-Founder of SystematicEdge, Edmond Lau, Principal for Greater China at the CFO Centre, and Henry Kwong, Tax Partner at Cheng and Cheng Taxation Services, will discuss the future of the global currency landscape, ways to optimize profit margins, as well as pressing financial, strategic and operational risks that companies, in particular SMEs, could face in the course of conducting cross-border business. They will also share real-life tips on ways companies can build a more resilient and sustainable business.

This session will elaborate on the following risks to mitigate and corresponding ways to optimize profit margins:

1. Financial risks (Currency and Tax)
2. Strategic Risks (Supply Chain)
3. Business Risks (Liability, Business Continuity, Reputational)

Learning Outcomes:

1. A more detailed understanding of the ways SMEs can optimize profit margins while mitigating risks.
2. A Macro Overview of the market that will outline the currency landscape and associated risks involved in conducting cross border business.
3. A real case study of one operating company's risks and how they mitigated them in order to reduce costs, increase profitability and operating efficiency for a more sustainable business.

Please refer to the following details on the virtual seminar:

- Upon successful registration of the event, a unique webinar link will be sent to your registered email 2 days before the event. Please refer to the troubleshooting guide here should you experience any issues in locating the webinar link.
- Instructions on downloading Zoom and joining a webinar can be found here. We suggest that you familiarize yourself with the software in advance of the webinar.
- Please log in 15 minutes (at 10:15 am) before the event begins, through the link that will be sent to your registered email. This will allow time to address any technical issues that may arise.

DISCLAIMER
Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Speaker(s)

Mr Alain Groshens
CEO & Founder, SystematicEdge

Alain founded SystematicEdge because he believes that the traditional financial services industry is at an inflection point and ready to be disrupted. He has decades of experience as an FX and Interest Rates trader and has managed trading teams across the globe. He started his career at Societe Generale, and then built regional and global trading teams at two other global investment banks. He has worked with both the world's largest companies and SMEs managing their Forex and Interest Rates risk globally in order to help them protect their bottom lines and increase their profit margins. Alain and the team at SystematicEdge provide financial services in Investment Solutions & Currency Risk Hedging. They use technology to maximize performance and drastically compress costs. All SFC regulated activity is conducted by Privium Fund Management (HK) Limited; CE: BGR298

Mr Edmond Lau
Principal for Greater China, CFO Centre

Edmond has been Asia CFO for a number of Fortune 500 companies and more recently spearheaded market development efforts in Asian and Middle East markets for Asian retailers. While developing Japan and China is widely different from that of SEA or the ME markets, Edmond believes that the same underlying theme is recurring, i.e. balancing market opportunities with the risks associated with them when it comes to expanding into a new market. The real challenge depends on how well you know the market and the risk profile it entails. Is it worthwhile for the potential returns that it may bring?

Mr Henry Kwong
Tax Partner, Cheng & Cheng Taxation Services Limited

Henry started his first career in a Big 4 Corporate Tax Department for a number of years and later joined Cheng & Cheng Taxation Services Limited. Henry and his team are equipped with knowledge in Hong Kong, PRC and international taxation as well as transfer pricing in order to provide comprehensive tax planning solutions to clients.

Henry is regular speaker at various professional associations including Hong Kong Institute of Certified Public Accountants, the Taxation Institute of Hong Kong, the Hong Kong Institute of Chartered Secretaries, Society of Chinese Accountants and Auditors. He is also a frequent contributor of tax articles on various media and magazines, including Capital magazine, A Plus magazine (the journal of HKICPA) and CSj magazine (the journal of HKICS).

Moderator
Ms Angela Lee
Founder and Chairman, Laboratory Janeclare Ltd

Ms. Lee heads the JaneClare group of companies which develops, produces and distributes the first international brand of skincare products from Hong Kong. This is a group which she founded with her family in 2003.

Before taking up full time leadership of this group, Ms. Lee has had an illustrious legal career. She was the first female international partner of the Hong Kong and mainland China offices of the international law firm of Baker & McKenzie. She was also the first Chairman of the Global Property Group of that firm.

Before her retirement from the partnership at the end of 2011, Ms. Lee was the head of the Property Group of the Hong Kong and mainland China offices.

Ms. Lee had also been a member of the Steering Committee of the Global Pro Bono and Community Services Group of the firm.

Language English
Date and Time 2020/12/10 10:30 to 12:00
Venue Online via Zoom
Media Closed to media
Enquiries Stephanie Kwan
Tel: 28231246
Email: stephanie@chamber.org.hk
Fee Members @ HK$100 / Non-Members @ HK$200
+$50 for booking offline
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- The registration fee is non-refundable for this event.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.