China and Hong Kong Property Briefing

Thursday, May 9, 2019

May 2019

Briefing

China and Hong Kong Property Briefing

Tuesday, 21 may 2019
Lotte hotel seoul

China and Hong Kong Property Briefing

Thursday, May 9, 2019
May 2019
24F, One Pacific Place
Hong Kong

China and Hong Kong Property Briefing

Thursday, May 9, 2019
May 2019
24F, One Pacific Place
Hong Kong

China and Hong Kong Property Briefing

Thursday, May 9, 2019
May 2019
24F, One Pacific Place
Hong Kong

Get behind China's credit story

We cordially invite you to attend our briefing on the China and Hong Kong property sector.

Join us to hear more about the latest credit trends and outlook for this important industry in the two economies. This is a great opportunity for you to engage with analysts in our property team and network with industry peers.

While there is no attendance fee, space is limited and we encourage you to register early to secure a seat. We look forward to seeing you!

Why attend?

<div class="credit-themes-container dynamic"><div class="w-container"><div class="custom-fa-wrapper"><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Discover</h1><p class="custom-item-para alt white">Discover fresh perspectives on the credit markets.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Analyze</h1><p class="custom-item-para alt white">Analyse which trends will have the most significant impact in the year ahead.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Network</h1><p class="custom-item-para alt white">Network with the top Moody's analysts and key market participants.</p></div></div></div></div></div>

Agenda

9:30 – 9:40  Welcoming remarks

Gary Lau, Managing Director, Corporate Finance Group, Moody’s

9:40 – 10:10   Presentation: Hong Kong Property Market

Healthy residential volumes and steady commercial rentals will support earnings
  • Trend and rental growth assumptions for Grade-A office space
  • Outlook for retail sales growth
  • Key drivers of primary residential prices and volumes in the next 12 months
  • Credit trends for Moody’s-rated Hong Kong property developers
Stephanie Lau, VP – Senior Analyst, Corporate Finance Group, Moody’s

10:10 – 10:40   Presentation: China Property Outlook

Slowing property sales likely to continue through 2019
  • Outlook for residential property sales growth
  • Regulatory developments and trends for funding conditions and inventory levels
  • Credit trends for Moody’s-rated Chinese property developers
Cedric Lai, VP – Senior Analyst, Corporate Finance Group, Moody’s
Celine Yang, AVP – Analyst,  Corporate Finance Group, Moody’s

10:40 – 11:00   Coffee break & Networking

11:00 – 11:45   Panel Discussion: China Property

How will developers adapt to the changing operating environment?
  • What are the key opportunities and challenges in China’s property market over the next 12 months?
  • How much longer can developers sustain their strong sales growth?
  • How will developers manage their financing needs and liquidity profiles amid tight funding conditions?
Sunny Tam, Credit Analyst, Asian Fixed Income/EM Corporate, JP Morgan Asset Management
Fredric Teng, Head of High Yield Product Group, Greater China North Asia, Standard Chartered Bank
Kenny Chan, Executive Director and Chief Financial Officer, Zhenro Properties Group Limited
Kaven Tsang, SVP, Corporate Finance Group, Moody’s
Franco Leung, AMD, Corporate Finance Group, Moody’s (moderator)

11:45 – 12:00   Q&A & Closing

Speakers

Speakers

Gary Lau

Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Managing Director

Gary Lau

Gary Lau is the Managing Director for the Corporate Finance Group in Hong Kong. Gary manages analytical teams in Hong Kong, covering corporate ratings in North Asia (ex-Japan).

Read Full Bio

Franco Leung

Associate Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Associate Managing Director

Franco Leung

Franco Leung is an Associate Managing Director and Team Leader in Moody’s Corporate Finance Group. Based in Hong Kong, he covers mainly Chinese corporate entities in the property sector.

Read Full Bio

Kaven Tsang

Senior Vice President

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Senior Vice President

Kaven Tsang

Kaven Tsang is a Senior Vice President in Moody’s Corporate Finance Group in Asia Pacific. Based in Hong Kong, Kaven covers a portfolio of property companies.

Read Full Bio

Stephanie Lau

Vice President – Senior Analyst

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Vice President – Senior Analyst

Stephanie Lau

Stephanie Lau is a Vice President–Senior Analyst for the Corporate Finance Group in Asia. Based in Hong Kong, she covers mainly a portfolio of Hong Kong property companies. She has also covered other non-property sectors, including gaming, education, manufacturing and logistics.

Read Full Bio

Cedric Lai

Vice President - Senior Analyst

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Vice President - Senior Analyst

Cedric Lai

Cedric Lai is a Vice President - Senior Analyst with Moody’s Corporate Finance Group. Based in Hong Kong, Cedric covers a portfolio of Chinese property companies.

Read Full Bio

Celine Yang

Assistant Vice President – Analyst

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Assistant Vice President – Analyst

Celine Yang

Celine Yang is an Assistant Vice President-Analyst with Moody’s Corporate Finance Group. Based in Hong Kong, Celine is the Lead Analyst for a portfolio of China property companies. 

Read Full Bio

Further Information

If you require any further information about the event, please contact:

Anita So

Manager – Events & Outreach, MIS Events APAC

anita.so@moodys.com

Location

Moody's Investors Service, 24/F, One Pacific Place, 88 Queensway, Admiralty, Hong Kong

China and Hong Kong Property Briefing

May 2019
Thursday, May 9, 2019
24F, One Pacific Place
Hong Kong

We cordially invite you to attend our briefing on the China and Hong Kong property sector.

Join us to hear more about the latest credit trends and outlook for this important industry in the two economies. This is a great opportunity for you to engage with analysts in our property team and network with industry peers.

While there is no attendance fee, space is limited and we encourage you to register early to secure a seat. We look forward to seeing you!

<div class="credit-themes-container dynamic"><div class="w-container"><div class="custom-fa-wrapper"><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Discover</h1><p class="custom-item-para alt white">Discover fresh perspectives on the credit markets.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Analyze</h1><p class="custom-item-para alt white">Analyse which trends will have the most significant impact in the year ahead.</p></div></div><div class="custom-item-holder"><div class="custom-icon-fa"><br></div><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Network</h1><p class="custom-item-para alt white">Network with the top Moody's analysts and key market participants.</p></div></div></div></div></div>
Agenda

9:30 – 9:40  Welcoming remarks

Gary Lau, Managing Director, Corporate Finance Group, Moody’s

9:40 – 10:10   Presentation: Hong Kong Property Market

Healthy residential volumes and steady commercial rentals will support earnings
  • Trend and rental growth assumptions for Grade-A office space
  • Outlook for retail sales growth
  • Key drivers of primary residential prices and volumes in the next 12 months
  • Credit trends for Moody’s-rated Hong Kong property developers
Stephanie Lau, VP – Senior Analyst, Corporate Finance Group, Moody’s

10:10 – 10:40   Presentation: China Property Outlook

Slowing property sales likely to continue through 2019
  • Outlook for residential property sales growth
  • Regulatory developments and trends for funding conditions and inventory levels
  • Credit trends for Moody’s-rated Chinese property developers
Cedric Lai, VP – Senior Analyst, Corporate Finance Group, Moody’s
Celine Yang, AVP – Analyst,  Corporate Finance Group, Moody’s

10:40 – 11:00   Coffee break & Networking

11:00 – 11:45   Panel Discussion: China Property

How will developers adapt to the changing operating environment?
  • What are the key opportunities and challenges in China’s property market over the next 12 months?
  • How much longer can developers sustain their strong sales growth?
  • How will developers manage their financing needs and liquidity profiles amid tight funding conditions?
Sunny Tam, Credit Analyst, Asian Fixed Income/EM Corporate, JP Morgan Asset Management
Fredric Teng, Head of High Yield Product Group, Greater China North Asia, Standard Chartered Bank
Kenny Chan, Executive Director and Chief Financial Officer, Zhenro Properties Group Limited
Kaven Tsang, SVP, Corporate Finance Group, Moody’s
Franco Leung, AMD, Corporate Finance Group, Moody’s (moderator)

11:45 – 12:00   Q&A & Closing

Speakers

Featured Speakers

Sunny Tam
Credit Analyst

J.P. Morgan Asset Management

Fredric Teng
Head of High Yield Product Group

Standard Chartered Bank

Kenny Chan
Executive Director and Chief Financial Officer

Zhenro Properties Group Limited

Speakers

Gary Lau
Managing Director

Moody's Investors Service

Franco Leung
Associate Managing Director

Moody's Investors Service

Kaven Tsang
Senior Vice President

Moody's Investors Service

Stephanie Lau
Vice President – Senior Analyst

Moody's Investors Service

Cedric Lai
Vice President - Senior Analyst

Moody's Investors Service

Celine Yang
Assistant Vice President – Analyst

Moody's Investors Service

Contact us

Russia & CIS Summit
OCTOBER 2019
Four Seasons, Moscow

Any questions please contact
Emily Burgess
emily.burgess@moodys.com