April 23, 2014
KVB Kunlun International Successfully Hosts "Forecasting RMB Exchange Rate Trends and Seizing the Best Time to Convert Currency" Seminar
Team Member



On 23 April 2014, the seminar "Forecasting RMB Exchange Rate Trends and Seizing the Best Time to Convert Currency", hosted by KVB Kunlun International—the largest Chinese-owned (non-bank) financial institution in Oceania—concluded successfully. The seminar was held at the Hilton Hotel in Sydney. All registration spots filled up quickly after public sign-ups opened earlier, and on the day of the seminar nearly a hundred attendees from all walks of life came, so much so that additional seats had to be arranged on the spot at one point. The seminar featured continuous interaction, a series of highlights, and an unprecedented turnout.



For Chinese businesses and individuals in Australia, this seminar was highly informative and practical. Senior forex analyst Christy Li analysed on-site the policy developments of various central banks and the key factors through which international and domestic conditions affect exchange rates, and, drawing on practical insights, looked ahead to the AUD/RMB exchange rate trends for 2014. In particular, amid the current widening of the RMB's trading band, how to effectively control costs and lock in profits using offshore RMB forward contracts is a crucial currency conversion issue that Chinese communities face when conducting cross-border RMB trade and investment. Christy's presentation—progressing from analysis of real cases to the understanding and application of forex forward contracts, and finally to a knowledge introduction on achieving hedging through offshore RMB forwards—moved from the basics to the more advanced and left the audience greatly benefited. We believe all participants were able to learn how to reduce currency conversion transaction costs and related risks, seize the best exchange rate timing, and capture the best profit opportunities amid the current widening of the RMB exchange rate band.

As the only Chinese forex broker in Australia and New Zealand able to offer offshore RMB forward contracts, KVB Kunlun International holds financial licences in multiple countries and is recognised by the financial regulatory authorities of countries and regions including Australia, New Zealand, Canada, China, and Hong Kong. KVB Kunlun International also brings together financial professionals from different countries around the world, integrating diverse cultures to meet the needs of markets in different regions. We will continue to uphold our philosophy of innovation, leveraging KVB Kunlun International's financial strengths across various locations to provide clients with the latest forex and financial information and the finest service quality.

The Sydney "Forecasting RMB Exchange Rate Trends and Seizing the Best Time to Convert Currency" seminar in progress.

After the seminar, attendees stayed behind to exchange thoughts and insights with presenter Christy Li.

GCFX