【Theme】

Asian Asset Outlook and HY Bond Investment opportunities in a Rate Cut cycle

【Date & Time】

Thursday, 24 October, 2024
3:00 PM - 4:00 PM

【Registration link】

https://www.wjx.cn/vm/rJw5dnK.aspx

【Agenda】

3:00-3:50 PM | Roundtable Discussion

• Impact of U.S. Rate Cuts and Elections on Asia’s Economy and Assets
• Performance and Trends in Asia G3 Bonds and China Offshore Bonds
• Investment Opportunities and Strategies in Asia’s HY Bond Market
• Role of Recent Chinese Policies in Addressing LGFV Debt and Property Challenges

3:50-4:00 PM | Q&A Session

【Speakers】

Charles Chang, Managing Director and Greater China Country Lead at S&P Global Ratings
Charles Chang is S&P’s Managing Director and Greater China Country Lead for Corporate Ratings. He leads S&P’s research on Chinese corporates, serves on the firms’ rating and risk committees, and faces issuers, investors, regulators and the media on behalf of S&P globally.

Sharon Chen, Associate Vice President at UOB Asset Management
Sharon Chen is responsible for investment and credit research in the Asian high-yield bond market at UOB Asset Management (UOBAM). Before joining UOBAM, she worked at REDD Intelligence, focusing on the Chinese high-yield bond market.

Ye Tao, Asset Allocation Analyst at Huatai Securities
Ye Tao joined Huatai Securities in March 2022 as an asset allocation researcher, specializing in macroeconomic research and multi-asset allocation. He previously worked at CITIC Securities and Guotai Junan as a global macroeconomic analyst, with experience in private equity.

【Format】

The event will be conducted in Chinese and streamed live via Tencent Meeting(VooV) and Zoom.

【Background】

The Federal Reserve announced a 50bp rate cut on September 19, marking the first interest rate reduction in four years and the start of a U.S. rate cut cycle. The market expects 1-2 more cuts this year, creating a more favorable environment for Asian USD bonds. However, stronger-than-expected GDP growth, job numbers, and CPI data have reshuffled rate cut expectations. With the U.S. election approaching, policy uncertainty could affect Asia's capital markets, opening up opportunities in the Asian HY bond sector. In this webinar, experts from S&P, UOB Asset Management, and Huatai Securities will explore the impact of U.S. rate cuts, election implications, and opportunities across Asian assets and high-yield bonds.