On October 5, 2018, the Belt and Road workshop on "Corporate Foreign Exchange, Treasury Management and Risk Management Strategies," organized by the HKTDC SME Centre, was successfully held at the Hong Kong Convention and Exhibition Centre in Wan Chai. As the only institution invited to the event, KVB Kunlun International delivered an engaging presentation on corporate foreign exchange hedging strategies to the SMEs in attendance.

Zheng Xiaorong, Global Trading Director of KVB Kunlun International, noted that if SMEs plan to engage in trade and economic activities in countries along the Belt and Road, these will largely involve RMB settlement or multi-currency settlement, generating substantial demand for financial services such as currency exchange and foreign exchange hedging. Faced with the uncertainties of the China-US trade war and RMB range fluctuations, enterprises should place even greater emphasis on foreign exchange risk management to minimize the losses that exchange rate movements may bring.

The workshop was fully booked

During the case-sharing session, Global Trading Director Zheng Xiaorong noted that for enterprises, building a cloud-based ecosystem for foreign exchange and treasury is a standard essential for effective foreign exchange risk management, providing a comprehensive solution to the current shortage of foreign exchange talent within enterprises.

KVB Kunlun International can help enterprises improve their foreign exchange management systems by providing customized, comprehensive solutions, including the application of financial technology. In particular, API system integration can help enterprises automate trading operations, improve operational efficiency, and reduce costs. Once SMEs enter a fast-growth track, building their foreign exchange systems and enhancing their management capabilities will surely help enterprises achieve holistic and efficient development.

KVB Kunlun International Global Trading Director Zheng Xiaorong shares case studies

The audience responded enthusiastically and asked questions actively during the Q&A session

As a pioneer in corporate foreign exchange services in the Greater China region, KVB Kunlun International continues to explore the field of financial technology while developing its own business, helping enterprises save costs and improve efficiency in their operations. Going forward, KVB Kunlun International will continue to uphold its customer-centric service philosophy, providing enterprises with trustworthy financial services and supporting the healthy development of SMEs!