10:00 AM Registration and coffee 10:30 AM Opening remarks Daniel Yu editor-in-chief The Asset 10:40 AM Welcome remarks Qiang Pan vice president ICBC Shenzhen Branch 10:50 AM Panel one: China’s next act – retrofitting for tomorrow China is facing an uncertain economic future. Investors remain cautious as the country faces mounting deflationary pressure. Ongoing geopolitical tensions is exacerbated by the West’s de-risking strategy. China’s deleveraging campaign, across the real estate sector and local governments, continue to threaten the revival of its economy. On the other hand, China’s push into the green, clean, and a digital future is accelerating at a fast clip. Can China mount a reconfiguration of the drivers of its economic growth and restore investors’ confidence? What measures are being launched to deal with the ongoing deflationary pressure? How are policymakers positioning the capital market for recovery? Which funding avenues are proving to be popular for issuers amid the current landscape? Will the pivot to a green, clean, and digital future create opportunities for both issuers and investors? Edmund Goh head of fixed income - China abdrn Joyce Liang managing director and head of Asia Pacific credit research BofA Securities Freddy Wong head of Asia Pacific fixed income Invesco Ricco Zhang senior director, Asia Pacific International Capital Market Association Gong Cheng chief credit officer Moody’s Ratings Daniel Yu (moderator) editor-in-chief The Asset 11:50 AM Keynote dialogue: China’s next act Professor David Daokui Li director Academic Center for Chinese Economic Practice and Thinking, Tsinghua University Daniel Yu editor-in-chief The Asset 12:00 PM Luncheon 01:30 PM Panel two: What’s next for China’s bond market? China’s bond market is slowly recovering from the record outflows that began at the end of 2021. As at March 2024, foreign holdings have recovered from the record low in August 2023 to reach nearly 4 trillion yuan. With its low correlation to bonds in the developed markets, 2023 was another year that saw Chinese bonds outperforming with a more than 4% return in local currency terms. In part, this is because China is on a different rate cycle versus the developed markets. Regulators continue to step in to improve market conditions and ensure stability. The panda bond market, in particular, is gaining ground, with landmark transactions including the first sovereign panda bond from Egypt. How are issuers viewing tapping the local currency bond market vis-a-vis going offshore? Which sectors and theme will provide more opportunities? What access channels are likely to be popular among foreign investors? What are the new developments supporting China’s sustainable finance market? Domenico Nardelli treasurer Asian Infrastructure Investment Bank Alex Chen head of overseas client department China Central Depository & Clearing Lei Zhu head of Asian fixed income Fidelity International Terry Gao CEO Lianhe Global Sean Chang co-chief investment officer - fixed income Value Partners Darryl Yu (moderator) managing editor The Asset 02:30 PM How commercial banks can contribute to the development of China’s bond markets Yabing Hu senior expert of global markets department Industrial and Commercial Bank of China 02:40 PM Panel three: China’s next gamechanger China’s exchange-traded fund (ETF) market is booming. Investors, led by sovereign funds, are increasingly betting on ETFs as active funds continue to underperform. Meanwhile, the government is promoting ETFs as a fundraising vehicle in priority sectors such as green energy. ETFs focusing on sustainability are becoming increasingly popular while fixed income ETFs are gaining ground as interest rates continue to soar. How will China’s ETF market evolve in the next 12 months? What are the drivers for the rapid growth of ETFs in China? How do investors build their portfolios with ETFs? What themes are currently popular in this space? What do asset managers consider when building fixed income ETFs? Zhen Wei managing director Bosera Asset Management Jiacheng Mei senior vice president, FICC CITIC Securities Cassandra Cheng head of rates derivatives, North Asia Singapore Exchange Janette Chen (moderator) senior analyst, head of Greater China The Asset 03:10 PM Networking and coffee