China Conference brings business leaders, policymakers, advisors and investors together to share their latest insights on unlocking investment opportunities, forging strategic partnerships and reshaping business strategies to build a sustainable business in OBOR development strategy.
Registration, morning tea and coffee
Gary Liu, Incoming Chief Executive Officer, South China Morning Post Publishers
Opening remarks by Guest of Honour
The Hon. C Y Leung, Chief Executive, Hong Kong Special Administrative Region
The Hon. Tung Chee Hwa, Vice Chairman, The 12th National Committee of the Chinese People's Political Consultative Conference, People's Republic of China
Future development of China’s economy and Belt and Road initiative
Lu Zhongyuan, Former Vice-President and Research fellow of Development Research Centre of the State Council of People’s Republic of China; and Member of the 12th National Committee of the Chinese People’s Political Consultative Conference of People's Republic of China
Dialogue: How to crystalise opportunities for Hong Kong as gateway to China's OBOR policies
Moderator: Wang Xiangwei, Editorial Advisor, South China Morning Post
The Hon. Regina Ip, Co-chair, Maritime Silk Road Society; Chair, New People's Party and Chair, Board of Governors, Savantas Policy Institute
Dr Anthony Neoh, Senior Counsel, Member of the Hong Kong Bar Association
Eddie Yue, Deputy Chief Executive, Hong Kong Monetary Authority
Dialogue: Impact of political shifting sands on OBOR
Moderator: Cliff Buddle, Special Projects Editor, South China Morning Post
Alicia Garcia Herrero ,Chief Economist, Asia Pacific, Natixis
Dr Yifan Hu, PhD, Managing Director, Regional Chief Investment Officer Greater China & Chief China Economist, UBS
Morning networking refreshments
Searching for real estate opportunities in 2017 and beyond
Moderator: Eugene Tang, Business Editor, South China Morning Post
Antony Leung, Former Financial Secretary of Hong Kong Special Administrative Region; Group Chairman & Chief Executive Officer of Nan Fung Group
OBOR implications for private equity in Asia
Moderator: Joe Tsai, Chairman, South China Morning Post Publishers
Fred Hu, Founder and Partner of Primavera Capital Group
Frank Tang, Chief Executive Officer and Managing Partner, FountainVest Partners
Paul Yang, Chief Executive Officer of China Development Financial; Chairman of CDIB Capital International
Fostering partnerships and innovation to capture arising business opportunities in OBOR
Moderator: Zuraidah Ibrahim, Chief News Editor, South China Morning Post
Dr Haywood Cheung, Permanent Honorary President, The Chinese Gold and Silver Exchange Society
Rachel Duan, President & Chief Executive Officer, GE Greater China
Dr Witman Hung, Principal Liaison Officer for Hong Kong, Shenzhen Qianhai Authority
Ben Simpfendorfer, Founder & Managing Director, Silk Road Associates
Albert Wong, Chief Executive Officer, Hong Kong Science and Technology Parks Corporation
Case study: First mover advantage in securing Hong Kong’s first Central Asia project in OBOR initiative
Interviewer: Zuraidah Ibrahim, Chief News Editor, South China Morning Post
Joseph Chan, Chairman, Executive Director, Kaisun Energy Group; Founding Partner, Oriental Patron Financial Services Group
Case study: How new technologies can revolutionise business for OBOR countries and regions
Interviewer: Eugene Tang, Business Editor, South China Morning Post
Chen Jie, Chief Information Officer and Chief Strategy Officer, ZTE Corporation
Afternoon networking refreshments
Closing keynote: When East meets West
Jack Ma, Executive Chairman, Alibaba Group
Key takeaways and end of conference
Chairman, Executive Director, Kaisun Energy Group
Founding Partner, Oriental Patron Financial Services Group
Joseph Chan Nap-kee, aged 55, has 30 years of experience in commercial and investment banking and asset management. He is a founding partner of Oriental Patron Financial Services Group and an Executive Director, Principal and Responsible Officer of Oriental Patron Asia Limited, the corporate finance arm of Oriental Patron Services Group. Mr Chan is the Chairman, Executive Director of Kaisun Energy Group Limited, a Non-Executive Director of HNA Infrastructure Company Limited and an Independent Non-Executive Director, Member of the Audit Committee, the Remuneration Committee and the Nomination Committee of North Asia Strategic Holdings Limited.
Mr Chan was appointed as Executive Vice Chairman Hong Kong Energy and Minerals United Associations since January 2016. He is also the Chairman of Silk Road Economic Development Research Center and a Director of China Hong Kong Economic Trading International Association.
Mr Chan holds a master of science degree majoring in International Marketing from the University of Strathclyde, bachelor of science degree in Aviation Management from Coventry University and a diploma in China Investment and Trade from Peking University.
Chief Information Officer and Chief Strategy Officer
Ms Chen Jie is the CIO and CSO of ZTE Corporation in charge of IT and strategy planning. She was the SVP of ZTE Corporation between 2002 and 2016 and was in charge of the research and development of wireline products.
Ms Chen has excelled in a number of management and executive positions at ZTE, including Senior Vice President of Network Service, General Manager of ZTE USA Inc. She also served as Senior Research Officer and Supervisor of Research Department in AT&T Bell Laboratories from 1995 to 1998.
Ms Chen graduated from Nanjing Institute of Postage and Telecommunication (later renamed Nanjing Post and Communications University), majoring in Telecommunications and Electronic Ordering Systems. She then earned her dual master's degree in Computer Science and Technology in New York University. Ms Chen has the professional title of senior researcher and senior engineer.
Permanent Honorary President
The Chinese Gold & Silver Exchange Society
Dr Haywood Cheung has over 30 years of experience in financial services industries, which includes precious metals trading, securities and futures brokerage and forex dealing. He was the former Chairman of Simsen International Corporation Limited and is currently the Chairman of Target Insurance (Holdings) Limited – one of the largest car insurers in Hong Kong. Hailed as “King of Gold” by industry practitioners, Dr Cheung led 60 CGSE Members to establish their businesses in Qianhai, Shenzhen. Dr Cheung graduated with a bachelor of science degree (Major in Geology Engineering & Economics) from Concordia University, Canada in the 1970s. In recent years, he earned an Executive MBA (2012) and a Doctor of Business Administration (2014), from City University of Hong Kong, both with Distinction. His DBA dissertation title is “Internalisation of Renminbi”.
President and Chief Executive Officer
GE Greater China
Ms Rachel Duan was appointed the President and CEO of GE China in 2014, while continuing her role as President and CEO of GE Healthcare China. Ms Duan boasts rich business insights and remarkable track record of enabling customer success in China, thanks to her 20-year experience with GE.
Ms Duan joined GE in 1996 as Corporate Audit Staff. During her four years as audit staff, she progressed to Senior Audit Manager and led audits in multiple GE industrial and capital businesses worldwide. In 2000, Rachel was appointed as Six Sigma Quality Leader for GE Plastics Asia Pacific based in Tokyo. In late 2001, she moved to China and became the Lexan Commercial Director for GE Plastics Greater China region. From 2003 to 2005, Ms Duan served as Marketing Director first for Greater China, and then for Asia Pacific. In 2005, she was promoted to General Manager for Polymer business in Asia Pacific region. In 2006, she became the President and CEO of GE Advance Materials for Greater China.
Born in Shanghai, Ms Duan holds a bachelor’s degree in Economics and International Business from Shanghai International Studies University and an MBA from the University of Wisconsin-Madison in USA.
Chief Economist, Asia Pacific
Mrs Alicia Garcia Herrero is the Chief Economist for Asia Pacific at Natixis. She also serves as Senior Fellow at European think-tank BRUEGEL, research fellow at Real Instituto El Cano and is currently adjunct professor at Hong Kong University of Science and Technology (HKUST).
Mrs Herrero was previously the Chief Economist for Emerging Markets at Banco Bilbao Vizcaya Argentaria (BBVA), Member of the Asian Research Program at the Bank of International Settlements (BIS), Head of the International Economy Division of the Bank of Spain, Member of the Counsel to the Executive Board of the European Central Bank (ECB), Head of Emerging Economies at the Research Department of Banco Santander and Economist at the International Monetary Fund (IMF).
Mrs Herrero holds a PhD in Economics at George Washington University and has published extensively in refereed journals and books.
Founder and Partner
Primavera Capital Group
Prior to founding Primavera Capital Group, Mr Fred Hu was the Chairman of Greater China and a Partner at Goldman Sachs, where he was instrumental in building the firm's franchise in the region. He led some of the largest and most significant transactions in the firm's history, and served on the Goldman Sachs Partnership Committee, the Global IBS Leadership Group, the Pine Street-Goldman Sachs University Board, and the firmwide Culture, Diversity and Leadership Committee.
Mr Hu is a respected economist whose main areas of research interest include macroeconomics, international finance and capital markets. He has served at the International Monetary Fund, and has advised the Chinese government on financial reform, SOE restructuring, and macroeconomic policies. He also sits on the Hong Kong Government's Strategic Development Committee and the Advisory Committee for the Hong Kong Securities and Futures Commission.
Mr Hu is the Chairman of the Nature Conservancy's China Board, a Trustee of the Yale-China Association, a director of the China Medical Board, a member of the Advisory Committees for the Harvard China Fund, the Stanford Center for International Development, and the Jerome A. Chazen Institute of International Business at Columbia University. He is also a co-director of the National Center for Economic Research at Tsinghua University.
Mr Hu holds a Master degree in Engineering Science from Tsinghua University, and a Master degree and a Ph.D. in Economics from Harvard University.
Managing Director, Regional Chief Investment Officer Greater China & Chief China Economist
Dr Yifan Hu is the Regional Chief Investment Officer Greater China and Chief China Economist Wealth Management of UBS. She has held several Chief Economist positions since 2007, most recently at Haitong International where she was tasked with leading H-share equity research. She was awarded the "Outstanding Research Diamond Award" and "Best Economist in Greater China" in 2013-2014 by Institutional Investor China. Prior to this role, Dr Hu worked as a Chief Economist at CITIC Securities, China Economist at France's Natixis, and an equity research strategist at Merrill Lynch. Her views and columns can be found in leading financial media. Prior to that, Dr Hu was an Assistant Professor at the School of Business and Economics at the University of Hong Kong.
Dr Hu has also authored a book on Strategic priorities: China's reforms and Reshaping of the global order (2014), and some of her recent papers include "Economic transition, higher education and worker productivity in China" in Journal of Development Economics (2010), "Bonds and transactions service and optimal Ramsey policy" in Journal of Macroeconomics (2009), and "The performance effect of managerial ownership: Evidence from China" in Journal of Banking and Finance (2008).
Dr Hu received her PhD in Economics from Georgetown University and BSC in Economics from Zhejiang University.
Principal Liaison Officer for Hong Kong
Shenzhen Qianhai Authority
Dr Witman Hung is currently the Principal Liaison Officer for Hong Kong, Shenzhen Qianhai Authority. He is currently the President of the Internet Professional Association, Executive Chairman of Chinese Big Data Society and Vice Chairman of the Monte Jade Science and Technology Association of Hong Kong. He was elected as a board of director and the eminent expert representing Hong Kong and China by the World Summit Awards, an initiative within the framework of UN WSIS. He is a Chartered Information Technology Professional and a fellow of the British Computer Society, the Chartered Management Institute, U.K., the Hong Kong Institute of Directors, the Hong Kong Computer Society and the Internet Professional Association. He has served as a part-time member of the Central Policy Unit of the HKSAR Government during 2012 to 2014, and is currently a member of the Academic Committee of PanGoal Institution and Standing Committee of the Center for China and Globalisation. He also served as a member of 11th Standing Committee of the All China Youth Federation. In 2015 he was appointed as a Justice of the Peace by the Hong Kong SAR Government.
Dr Hung is currently the Vice Chairman of China Overseas Friendship Association’s Youth Committee, member of the Shenzhen CPPCC, member of the Chinese Association of Hong Kong and Macau Studies, Vice President of Guangdong's Association For Promotion of Cooperation between Guangdong, Hong Kong & Macao, Chairman of Hong Kong Road Safety Association, Chairman emeritus of the Y.Elites Association, Secretary General of Hong Kong-ASEAN Economic Cooperation Foundation and council member.
Co-chair, Maritime Silk Road Society
Chair, New People's Party
Chair, Board of Governors, Savantas Policy Institute
The Hon. Regina Ip Lau Suk-yee is a First Class Honour graduate in English of the University of Hong Kong in 1972. She joined the Hong Kong Government in 1975, rising to the position of Secretary for Security and resigned in 2003. On her return from further studies in the US, she established a think tank, Savantas Policy Institute, in July 2006. She was elected as Member of the Fourth Legislative Council in 2008 and was re-elected in 2012 and 2016. Mrs Lau founded New People’s Party (NPP) in 2010, and was appointed as Non-Official Member of the Executive Council in 2012. She established the “Maritime Silk Road Society” in September 2015, in support of the nation’s grand “One Belt, One Road” strategy and partly to identify new developmental opportunities for Hong Kong.
Former Financial Secretary of Hong Kong Special Administrative Region
Group Chairman & Chief Executive Officer, Nan Fung Group
Antony Leung, former Financial Secretary of Hong Kong Special Administrative Region, is Group Chairman & Chief Executive Officer of Nan Fung Group, a leading regional conglomerate focusing on property & investment businesses. He is also the Independent Non-Executive Director of China Merchants Bank, Chairman of charity organisations Heifer International Hong Kong and Food Angel, and Chairman of Harvard Business School Association of Hong Kong.
Mr Leung has extensive experience in financial services, including Chairman of Greater China of Blackstone, Chairman of Asia of JP Morgan Chase, Asia Head of Citi Private Bank, Regional Head of Citi Investment Bank, Treasury and Greater China. In addition, he was independent director of Industrial and Commercial Bank of China, China Mobile (Hong Kong) Limited, American International Assurance (Hong Kong) Limited, and international advisory board member of China Development Bank. His past public service include Non-Official Member of the Executive Council, member of the Exchange Fund Advisory Committee, Hong Kong Airport Authority, Chairman of the Education Commission and University Grants Committee in Hong Kong.
Incoming Chief Executive Officer
South China Morning Post Publishers Limited
Mr Gary Liu, 33, is the incoming CEO of South China Morning Post Publishers Limited with effect from 3rd Jan 2017. He is an influencer and innovator in the digital world and has helped shape the narrative of how media touches people’s lives. Before joining SCMP, he was CEO of Digg, a New York-based online content aggregator, starting in Oct 2015. He was previously Digg’s Chief Operating Officer. Prior to that, he was Head of Labs at Spotify, spearheading business strategy, incubation, industry intelligence and research from Nov 2013 to Feb 2015. He also led Spotify’s advertising operations as Global Director of Ad Product Strategy for two years starting in Nov 2011. Before Spotify, Mr Liu oversaw sales and revenue strategies and operations in various roles at AOL, Clickable and Google from 2007 to 2011. He holds a bachelor’s degree in Economics from Harvard University and speaks fluent English and Mandarin.
Former Vice-President and Research fellow of Development Research Centre of the State Council of People’s Republic of China
Member of the 12th National Committee of the Chinese People’s Political Consultative Conference of PRC
Mr Lu has a long-term commitment to economic theory and policy research. A representative at the Communist Party of China's 17th National Congress, he has assumed a variety of roles such as president of China Marketing Association, vice president of China Finance Society and vice president of the Chinese Tax Institute. Academically, he is part-time professor at the Chinese Academy of Governance, doctoral supervisor at Beijing Normal University and visiting fellow to Tsinghua University.
Mr Lu's research focuses on China's macroeconomy and the mid- to long-term development of the country. His research won him the Sun Yefang Award in Economic Science in 1988, the Best Works Award of Spiritual Cultivation in 1999, the first prize of China Development Research Awards in 2003, and special prize of China Development Research Awards in 2005.
Jack Ma is Alibaba Group’s lead founder and, since May 2013, has served as executive chairman. From Alibaba Group’s founding in 1999 until May 2013, Jack served as the company’s chairman and chief executive officer. He is also the founder of the Zhejiang-based Jack Ma Foundation.
Jack currently serves on the board of SoftBank Corp., a Japanese corporation listed on the Tokyo Stock Exchange. He is also a member of the Foundation Board of the World Economic Forum, chairman of the Zhejiang Chamber of Commerce, as well as chairman of the China Entrepreneur Club. In January 2016, he was named a Sustainable Development Goals (SDGs) advocate by the United Nations. In September 2016, he was named special adviser of the United Nations Conference on Trade and Development (UNCTAD) for Youth Entrepreneurship and Small Business, which holds the rank of assistant secretary-general of the United Nations.
Jack graduated from Hangzhou Teacher’s Institute with a major in English Language Education.
Member of Hong Kong Bar Association
Dr Anthony Neoh is a senior member of the Hong Kong Bar Association. He was the Chairman of the Hong Kong Securities and Futures Commission from 1995 to 1998. He was Chief Advisor to the China Securities Regulatory Commission from 1998 to 2004 at the personal invitation of former Premier Zhu Rongji. He remains as a member of the International Advisory Board of the CSRC since 2004. Dr Neoh has made distinguished contribution to financial system’s development and regulation of Hong Kong and Mainland of China. He continues to pursue his research interests in legal and financial history and current issues of financial regulation, including issues of securitisation.
Dr Neoh had been Chairman of the Technical Committee of the International Organisation of Securities Commissions (the first Asian to be elected as Chairman), Member of the Hong Kong SAR Basic Law Committee under the Standing Committee of the National People’s Congress. He is on the List of Conciliators and Arbitrators of the World Bank’s International Center for Settlement of Investment Disputes designated by the People’s Republic of China. Dr Neoh’s academic appointments included Lecturer at the Party School of the Central Committee of C.P.C, Adjunct Professor of the National University of Public Administration, and Visiting Professor at the Peking University, Tsinghua University, Renmin University of China and Harvard Law School. He was the Chairman of the Planning Committee for establishment of the Hong Kong Chinese University Law School and presently, serves as Council Member of the Chinese University of Hong Kong and the Dean’s Visiting Professor at the National University of Singapore.
Founder & Managing Director
Silk Road Associates
Ben Simpfendorfer is the Founder & Managing Director of Silk Road Associates, a strategic advisory based in Hong Kong. He advises a range of Fortune 500 multinationals on their commercial strategies in Greater China, Southeast Asia & the Middle East, and provides global boards and regional leadership teams with strategic intelligence on the region’s fast-changing value chains, business models, and management approaches.
Mr Simpfendorfer is previously the Chief China Economist at RBS and Senior China Economist at JP Morgan based in Hong Kong. He is the author of The Rise of the New East (2014) – examining commercial opportunities and complexities in the Asia market; and The New Silk Road (2009) – exploring China’s commercial ties with the Middle East. The books are translated into six languages including simplified and traditional Chinese. Mr Simpfendorfer is a Mandarin and Arabic speaker. His works have been published by FT, WSJ and Forbes and he appears regularly on Bloomberg, CNBC & CNN.
CEO and Managing Partner
Mr Frank K. Tang is the CEO and Managing Partner of FountainVest Partners, a leading private equity firm dedicated to China with offices in Hong Kong, Shanghai and Beijing.
Prior to founding FountainVest Partners, Mr Tang headed the China investments for Temasek Holdings. As a Senior Managing Director of Temasek Holdings, he was a member of the firmwide Senior Management Committee and Senior Investment & Divestment Committee.
Mr Tang was with Goldman Sachs for nearly 11 years. He started his investment banking career at Goldman Sachs in New York, and then moved to Hong Kong. Mr Tang worked as an Executive Director in Principal Investment Area, the private equity arm of Goldman Sachs. He was later Managing Director and Head of the Telecom, Media and Technology investment banking in Asia ex-Japan for Goldman Sachs prior to joining Temasek.
Mr Tang was born and raised in Shanghai, and holds an MBA from Columbia Business School in New York. He is a board governor of the China Venture Capital and Private Equity Association. Mr Tang also sits on the board of Accenture (a global Fortune 500 company) and Weibo (the most popular social media in China). He is also a member of Columbia Business School’s Board of Overseers.
South China Morning Post Publishers
Mr Tsai is the Chairman of the South China Morning Post Publishers. He is also the Executive Vice Chairman of the Alibaba Group.
Mr Tsai joined the Alibaba Group in 1999 as a member of the Alibaba founding team and has served as the executive vice chairman since May 2013. He has been a non-executive director of Alibaba Health since September 2015. He previously served as the chief financial officer and has been a member of the board of directors since the formation.
From 1995 to 1999, Mr Tsai worked in Hong Kong with Investor AB, the main investment vehicle of Sweden’s Wallenberg family, where he was responsible for Asian private equity investments. Prior to that, he was vice president and general counsel of Rosecliff, Inc., a management buyout firm based in New York. From 1990 to 1993, Mr Tsai was an associate attorney in the tax group of Sullivan & Cromwell LLP, a New York-based international law firm. Mr Tsai serves on the boards of directors of several of Alibaba Group’s investee companies.
Mr Tsai is qualified to practice law in the State of New York. He received his bachelor’s degree in Economics and East Asian Studies from Yale College and a juris doctor degree from Yale Law School.
The 12th National Committee of the Chinese People's Political Consultative Conference, People's Republic of China
Mr Tung Chee Hwa is the Vice Chairman of the Twelfth National Committee of the Chinese People's Political Consultative Conference, People's Republic of China. He is the Founding Chairman of the China-United States Exchange Foundation and Our Hong Kong Foundation established in Hong Kong in 2008 and 2014 respectively. Prior to these appointments, Mr Tung served as First Chief Executive of the Hong Kong Special Administrative Region ("HKSAR"), People's Republic of China from July 1997 to March 2005.
Born in 1937 in Shanghai, Mr Tung spent his childhood in Hong Kong. He had his education in the United Kingdom, graduating at University of Liverpool with BSc in 1960. After that he lived and worked nine years in the United States with General Electric and in the family business respectively. In 1969, Mr Tung returned Hong Kong to help run the family business. He had a successful and distinguished career in business while at the same time served in various public sector and advisory positions in Hong Kong. In 1997, he took on the position as the first Chief Executive of HKSAR.
Chief Executive Officer
Hong Kong Science and Technology Parks Corporation
Mr Albert Wong is the Chief Executive Officer of Hong Kong Science and Technology Parks Corporation. He initially joined the Corporation as Chief Corporate Development Officer, leading the development of five technology clusters focusing on Healthy Ageing, Robotics and Smart City. Mr Wong has over 30 years of commercial experience with multi-national corporations, including 15 years at GE in the United States and Asia. He has previously served as the CEO of ATAL Engineering in Hong Kong. Mr Wong holds a bachelor of science degree in Electrical Engineering from the University of Hong Kong and an MBA from the Chinese University of Hong Kong.
Chief Executive Officer, China Development Financial
Chairman of CDIB Capital International
Paul established CDIB Capital in 2006 with President and CEO, Lionel de Saint-Exupéry. He is based in Taiwan and is primarily responsible for leading investments in the China-Taiwan vertical. Prior to CDF, Mr Yang served as the Managing Director at Development Bank of Singapore where he was responsible for DBS Bank’s private equity business across Asia. Prior to DBS, Mr Yang was the Managing Director of ICG Asia Ltd. He was with the Principal Investment Area of Goldman, Sachs & Co. based in New York and Hong Kong before joining ICG Asia. Mr Yang has also served at General Atlantic Partners and at the Boston Consulting Group.
Mr Yang is the Governor of the China Venture Capital Association (CVCA) and sits on a number of boards across the Group’s portfolio companies.
Mr Yang holds an MBA from the Harvard Business School and a MS and a BS degree in Mechanical Engineering from the Massachusetts Institute of Technology.
Deputy Chief Executive
Hong Kong Monetary Authority
Mr Eddie Yue is the Deputy Chief Executive of Hong Kong Monetary Authority responsible for reserves management, external affairs and research. He began his career as an Administrative Officer in the Hong Kong Government in 1986. Since joining the HKMA in 1993, he has worked in a number of divisions, including Monetary Management, External Relations, and Banking Development.
Mr Yue is educated in the Chinese University of Hong Kong and the Harvard Business School.
Registration is now closed.
Established in August 2014, Qianhai International Liaison Services Ltd. is a window company of the Shenzhen Qianhai Authority servicing Hong Kong. We shoulder the responsibilities "to foster industrial collaboration, talent exchange, legal cooperation and co-development proposal, and to serve Hong Kong citizens and enterprises" and make “Support Hong Kong, Service mainland, Face the world” as its mission, not only providing consulting services to Qianhai registration for Hong Kong and overseas enterprises, but also responsible for Qianhai branding in Hong Kong, as well as assisting various Hong Kong organisations or associations to visit Qianhai.
ZTE Corporation is a global leader in telecommunications and information technology. As part of ZTE’s mobile information communication technologies (M-ICT) strategy, the company is committed to providing integrated end-to-end innovations to deliver excellence and value to consumers, carriers, businesses and public sector customers around the world to enable increased connectivity and productivity. Founded in 1985, ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. In 2015, ZTE achieved an annual revenue to over RMB 100 billion for the first time, with a net profit increase of 21.8% to RMB 3.21 billion, driven by new operations including semiconductors and the Internet of Things.
The Goldenway Group (Goldenway Investment Holdings Limited) was established and registered in Hong Kong in 2009 and aims to provide comprehensive financial services to clients worldwide. GW’s core financial business covers Securities and Futures, Forex trading, Precious Metals trading and Assets Management which are operated under its subsidiaries Goldenway Investments, Goldenway Global Investments, Goldenway Precious Metals and Goldenway Asset Management respectively. Since its establishment, Goldenway Group has achieved dramatic business growth and has established reputation in the markets. Beside Greater China, Goldenway Group has already expanded its business globally and has already had its foothold on the United Kingdom and New Zealand. By its global version, innovative ideas and efficient management, Goldenway Group keeps on providing high standard and diversified financial services and has become one of the pioneering worldwide financial conglomerate.
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group, which serves around 46 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. The Group serves customers worldwide from over 4,400 offices in 71 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,557bn at 30 September 2016, HSBC is one of the world’s largest banking and financial services organisations.
Fitch Ratings is a leading provider of credit ratings, commentary and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective and insights we provide help investors to make important credit judgments with confidence.
What distinguishes Fitch are broad and deep sector credentials that have been developed and honed by many years of industry and analytical experience. Each and every one of our credit opinion is backed by a collaborative team of independent market specialists, working across sectors and regions to cover the world’s capital markets.
Transparency has always been integral to our way of business. Our analysts are accessible and readily discuss the rationale behind our methodologies and credit opinions. In this way, we extend our openness to investors, regulators, policy makers and other market participants.
Tibet 5100 is bottled at source at about 5100 metres above sea level, in the Nyenchen Tanglha Mountains 120 Kilometres north of Lhasa, the capital of Tibet. The water plant was opened in 2005 using cutting-edge production equipment imported from Germany. Since then we have provided employment to thousands of local residents and donated millions of dollars to Tibet charities to help in the conservation of the environment and improving local schooling. Tibet 5100 Natural Glacial Mineral Water won the world's No. 1 Water Award in 2013 at the Global Bottled Water Congress held in Nashville, United States. The following year, Tibet 5100's new Diamond Series Packaging won the world's Best Packaged Water Award at Brau Beviale in Nuremberg, Germany.
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