On January 7, the 2019 Openness · Breakthrough China (Shenzhen) Cross-Border E-Commerce Annual Gala, hosted by the Shenzhen Cross-Border E-Commerce Association, was held in grand fashion in Shenzhen. KVB Kunlun International was invited to attend the event as a co-organizer, and thanks to the strong support it provides to cross-border e-commerce enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area, it was honored with the "Outstanding Cross-Border E-Commerce Financial Service Provider of the Year" award.

KVB Kunlun International receives the "Outstanding Cross-Border E-Commerce Financial Service Provider" award

As the annual celebration for Shenzhen's cross-border e-commerce enterprises, this gala not only attracted the participation of domestic industry leaders, but also brought together renowned brand manufacturers, retail e-commerce players, and platform providers from both home and abroad to jointly explore how cross-border e-commerce can survive and thrive amid the new circumstances of the coming year.

Sabrina Zheng, Global Trading Director of KVB Kunlun International, was invited to deliver a fresh and engaging presentation on corporate foreign exchange management strategies, titled "How to Break Through the Bottlenecks of Foreign Exchange Management in Cross-Border E-Commerce," for the guests and audience on site.

According to a survey by KVB Kunlun International, the pain points faced by Chinese cross-border e-commerce enterprises in foreign exchange risk management are especially pronounced. Zheng believes that cross-border e-commerce enterprises conduct transactions and settlements in different currencies every day, and therefore need to have access to real-time foreign exchange data and analysis, as well as real-time exchange rate quotes. Combined with fintech tools and personalized solutions, this can effectively reduce the risks and losses that exchange rate fluctuations bring to enterprises.

Sabrina Zheng, Global Trading Director of KVB Kunlun International, shares risk management strategies

KVB Kunlun International can help e-commerce enterprises build a "Smart FX" platform, using electronic systems to manage the buying and selling of goods across multiple accounts and multiple currencies, thereby improving operational efficiency and the precision of cash flow management. Its comprehensively rolled-out intelligent API integration solution further enables enterprises to leverage technology to achieve global transactions and rapid settlement across 129 currencies, enhancing their overall competitiveness.

Zheng said: "KVB Kunlun International continually innovates, hoping to serve as an escort for the ever-changing cross-border e-commerce sector and for small and medium-sized enterprises, elevating their treasury management capabilities to a higher level and helping them realize their dream of going global."