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Mainland China has long been the HKSAR’s largest business partner, offering vast domestic demand and strong purchasing power. The growing market in the Greater Bay Area provides a convenient entry point for Hong Kong businesses to expand their sales, making mainland China an invaluable market resource.

Many Hong Kong businesses have already established operations in various industries within mainland China, benefiting from a thriving business environment. However, whether dealing with domestic sales or exports, Hong Kong businesses face customer risks due to different trade partners and lower transparency in mainland China’s credit system. While tools like credit insurance can help manage these risks, Hong Kong businesses must understand the latest company laws and account management methods in mainland China. This knowledge ensures smooth business operations and better protection of receivables, helping to avoid bad debts.

Content:
1. "iQor RMS Collectability Index" of Major Industries in China
2. iQor RMS big data analysis of Chinese enterprises' payment capabilities and trends
3. How to thoroughly understand the latest operational risks of Chinese partners before or during collaboration
4. Key points to note regarding the latest Company Law in the country after July 1, 2024
5. How to create a customized accounts receivable management process for your own business
6. Powerful debt collection methods, processes, and techniques
i. Arrangement for mutual recognition and enforcement of civil and commercial judgments between the mainland and Hong Kong Special Administrative Region Courts
ii. The latest Personal Bankruptcy Law in China
iii. Chinese Enterprise Bankruptcy Law
iv. After litigation in the people's court, the enforcement measures against the dishonest person
v. Asset inquiry and tracking of the executed person

Learning Outcomes:
This seminar aims to provide businesses of all sizes with basic and effective risk assessment methods for their business partners in the domestic market, effective solutions to prevent accounts receivable from being overdue, and efficient strategies for handling accounts receivable recovery.

Who Should Attend:
Company executives and financial executives doing business in China and companies interested in developing business in Mainland China

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)

Norris Chan, Senior Consultant, Receivable Management Services (HK) Ltd

Norris Chan has over 30 years of hands-on experience in the debt collection industry. As a veteran debt receivable practitioner, Norris and his team have managed cross-border portfolios exceeding billions of US dollars in various industries including finance, telecommunication, and manufacturing. He is a popular speaker and has conducted over a thousand seminars in Greater China. His clients include the Canton Trade Fair, ET Business College, HKU SPACE, etc.

Language

Cantonese

Date and Time

2024/11/21 15:00 to 17:30

Venue

Chamber Theatre, 22/F United Centre

Media

Closed to media

Enquiries

Charis Cheung
Tel: 28231239
Email: [email protected]

Fee

Members @ HK$380 / Non-Members @ HK$560
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
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.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 7 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- 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.