Market access strategies for investors, issuers and fund managers

Conference Day 2: Friday, December 2, 2011 Renminbi Investment Day

last modified: 30 November '11

9am

Chairman's opening remarks

› Ms. Rachel Ling Liu,

Director, Origination and Client Coverage (OCC), Americas, Standard Chartered Bank

RMB MARKET

9.10am

Keynote address: Evaluating the evolving RMB market

The internationalization of the RMB or the Sino-ification of Hong Kong
RMB as dollar rival: invoice, vehicle and reserve asset
RMB products: CNH, NDF and their investment evaluation
Potential future scenarios

› Marc Chandler,

Global Head of Currency Strategy, Brown Brothers Harriman (BBH)

9.40am

Offshore RMB denominated bonds

Developments in the off-shore market, including policy, liquidity and infrastructure
Issuing RMB bonds in HK vs. onshore and elsewhere
How can RMB bonds be better utilized for liquidity management purpose?
Is RMB bond issuance just a switch of financing currency, or is it a new market?
Projection of RMB bond size in the future

› Shu-pui Li,

Head of Financial Infrastructure Development, Hong Kong Monetary Authority

10.10am

Panel session: How HK’s RMB pool provides diversity and RMB exposure to investors

Bridging the market gap between international and Chinese business environments
How can U.S. investors gain access to the offshore RMB pool?
How Mini-QFII and the USD/CNH swap market give investors direct access to RMB
Product diversity and risk in dim sum bonds and HK’s RMB security market

› Andy Mantel,
(Moderator)

Founder & CEO, Pacific Sun Advisors

› William Nobrega,

Founder and Managing Partner, The Conrad Group

› Wesley Hu,

Chief Investment Officer, Gen2 Partners

› D. Kelly Jones,

Head, Investment Promotion, Invest Hong Kong, New York

› Andy Seaman,

Partner and Fixed Income Portfolio Manager, Stratton Street Capital

10.50am

Morning refreshments and networking

CHINA’S NEW GROWTH DRIVERS

11.10am

Keynote address: China goes green

The urgency for China to battle the environment-destructing path
The government’s preferential policies
Potential for renewable energies: wind, solar, water
Capitalizing on the high-margin research and design stage

› Nikunj Jinsi,

Chief Investment Officer, International Finance Corporation (IFC)

11.40am

Panel session: Capitalizing on the new purchasing power

High-tech and internet industry
Luxury brand consumption
Service and tourism industries
Push of the growth and consumption frontier from coastal to inland China
How can foreign investors find suitable local partners to work with?

› Brian Z. Barr,
(Moderator)

Hedge Fund Analyst, Wolfson Group

› Ms Sherry Lin,

Director & Chief Representative - China, Mousse Partners

› Hartmut Heine,

Managing Owner, Heine Enterprises

› Derek Sulger,

Partner, Lunar Capital Management

› David Lam,

Managing Director, WestSummit Capital Management

12.20pm

Networking lunch

RMB PRIVATE EQUITY

1.20pm

Manager showcase 1: Managing the conflict of interests between RMB and USD funds

How do GPs manage different fund vehicles and potential conflict of interests?
How can LPs mitigate the risks associated with investing in dual-currency GPs?
Will regulatory changes address the issue or aggravate it?

› Mr. Dayi Sun,

Managing Director, Jade Invest

1.50pm

Manager showcase 2: What opportunities lie in senior living in China?

Overview of this embryonic industry and current projects
How China’s demographic characteristics and cultural values will shape development?
The four essential criteria for project evaluation
How to resolve the single greatest challenge for investment in China senior living?
A China senior living investor’s handbook

› Bromme H. Cole,

Managing Partner, Hampton Hoerter

2.20pm

Manager showcase 3: Turning a regular Chinese factory into a leading cleantech business

Finding the right company and business plan to invest in
Beyond injecting capital: transforming the business management culture
Important local presence and long-term commitment
Planning exit strategy ahead of time and good timing on execution

› Kirt Mayland,

In-House Counsel, Barron Partners

2.50pm

Afternoon refreshments and networking

Round table discussions on 1) Real estate, 2) Infrastructure, 3) Clean energy, and 4) Health care

3.10pm

Round table 1: China’s property bust – crisis or opportunity?

Residential vs. commercial developments in China
How does real estate affect China’s overall economic growth?
Rising interests, liquidity and financing challenges and opportunities in the small to mid-cap market

› Bromme H. Cole,
(Moderator)

Managing Partner, Hampton Hoerter

› Tim Wang,

Senior Vice President and Senior Investment Strategist, Clarion Partners

› Dr. Michael F. Sullivan,

Professor and Consultant, former Chief Investment Officer, University of St. Thomas

› Richard Barkham,

Group Research Director, Grosvenor Fund Management

3.10pm

Round table 2: Capitalizing on infrastructure supporting sectors – investing in equipment, technology and resource

How does China’s continuing construction bring benefits to the entire industrial chain?
Finding the right local investments: key developers, equipment providers and project managers
Related material supply and production industries to real estate and infrastructure
Identifying the upstream equipment and technology suppliers

› Andrew W. Rice,

Senior Vice President, International Business, The Jordan Company

› Richard C. Kang,

Chief Investment Officer & Director of Research, Emerging Global Advisors

3.10pm

Round table 3: Clean Energy and its large scale feasibility

Identifying potential risks of solar and wind energy
Is renewable energy capable of meeting China’s growing energy demand?
Energy safety: ramifications of Japan’s nuclear crisis upon Clean Energy
How to partner up with the right Chinese companies to commercialize and deploy Clean Energy

› Gerd Goette,

Investment Partner, Siemens Venture Capital

› David Andresen,

Managing Director, Oracle Capital LLC

› Paul Chau,

Partner, WI Harper Group

3.10pm

Round table 4: How healthy are investment opportunities in health care?

Understanding China’s evolving health care market and reform
Medical devices and products: taking advantage of China’s manufacturing force
Providing high-quality medical services
Clarifying which sector is open to foreign investors and when to rely on a local partner

› Dr. Michael Keyoung,

Managing Director and Head of Pan-Asia, Burrill & Company

› Mr. Michael Felman,

Chief Executive Officer and President, MSF Capital Advisors

› Dr. Michael Choy,

Founder, Chairman, Chief Executive Officer, Asia Pacific Medical Group (APMG)

4pm

Summarizing session: Key factors leading to successful PE investments in China

Evaluating the appropriate risk-adjusted return from investing in China
Thorough due diligence is the key: what, where and how to discover the effective information
Maximizing your power in the minority interest position
Planning exit strategy: learn to read the government’s policy, understand how Chinese companies grow and improve the timing
Adding values to the Chinese companies you invest in

› James Hahn,
(Moderator)

Founder and Managing Partner, JC Asia Alpha Private Equity

› Xiaoyang Yu,

Founding Partner, China New Enterprise Investment

› James H. Boettcher,

General Partner, Focus Ventures

› Ivy Fredericks,

President and Chief Executive Officer, Transnational Capital

› Dr. Hao Wu,

Partner, Sino-Century China Private Equity Partners

› David Kopp,

Managing Partner and Chief Executive Officer, New York Pacific Capital